SB 1157 Modifies the definition of "commercial real estate" for the purposes of establishing commercial real estate liens
Sponsor: Loudon
LR Number: 3161S.02I Fiscal Note: 3161-02
Committee: Economic Development, Tourism & Local Government
Last Action: 3/6/2006 - Second Read and Referred S Economic Development, Tourism & Local Government Committee Journal Page: S394
Title: Calendar Position:
Effective Date: August 28, 2006

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Current Bill Summary


SB 1157 - This act modifies the definition of commercial real estate by including real estate on which no buildings or structures are located and explicitly provides that commercial real estate shall include an unimproved real estate of any zoning classification, other than agricultural or horticultural real estate, being purchased for development or subdivision.

STEPHEN WITTE