SB 252-UCC: SECURED TRANS.; ELECTRONIC RECORDS                                                                     
                                                                                                                                
1:31:18 PM                                                                                                                    
CHAIR CLAMAN announced  the consideration of SENATE  BILL NO. 252                                                               
"An  Act relating  to the  Uniform Commercial  Code; relating  to                                                               
secured   transactions;   relating  to   controllable   accounts,                                                               
controllable   electronic  records,   and  controllable   payment                                                               
intangibles;   relating   to   sales;  relating   to   negotiable                                                               
instruments;  relating   to  letters   of  credit;   relating  to                                                               
warehouse  receipts,  bills of  lading,  and  other documents  of                                                               
title; relating  to investment securities; relating  to leases of                                                               
goods; and relating to fund transfers."                                                                                         
                                                                                                                                
CHAIR CLAMAN  said this is  the second hearing  of SB 252  in the                                                               
Senate Judiciary Committee. The intention  is to look to the will                                                               
of the committee to report the bill out.                                                                                        
                                                                                                                                
1:31:39 PM                                                                                                                    
CHAIR CLAMAN opened public testimony  on SB 252; finding none, he                                                               
closed public testimony.                                                                                                        
                                                                                                                                
1:32:13 PM                                                                                                                    
CHAIR CLAMAN solicited the will of the committee.                                                                               
                                                                                                                                
1:32:17 PM                                                                                                                    
SENATOR KIEHL  moved to  report SB  252, work  order 34-LS0294\N,                                                               
from  committee  with  individual  recommendations  and  attached                                                               
fiscal note(s).                                                                                                                 
                                                                                                                                
1:32:57 PM                                                                                                                    
CHAIR CLAMAN found no objection and  SB 252 was reported from the                                                               
Senate Judiciary Standing Committee.