February 9, 2001





HOUSE BILL No. 2117

_____


DIGEST OF HB 2117 (Updated February 7, 2001 5:17 PM - DI 94)



Citations Affected: IC 36-2.

Synopsis: Social Security numbers on mortgage documents. Prohibits a person from presenting a mortgage instrument for recording if the document discloses the Social Security number of any individual.

Effective: July 1, 2001.





Ripley, Frenz , Cherry




    January 17, 2001, read first time and referred to Committee on Local Government.
    February 8, 2001, amended, reported _ Do Pass.







February 9, 2001

First Regular Session 112th General Assembly (2001)


PRINTING CODE. Amendments: Whenever an existing statute (or a section of the Indiana Constitution) is being amended, the text of the existing provision will appear in this style type, additions will appear in this style type, and deletions will appear in this style type.
Additions: Whenever a new statutory provision is being enacted (or a new constitutional provision adopted), the text of the new provision will appear in this style type. Also, the word NEW will appear in that style type in the introductory clause of each SECTION that adds a new provision to the Indiana Code or the Indiana Constitution.
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HOUSE BILL No. 2117



    A BILL FOR AN ACT to amend the Indiana Code concerning financial institutions.

Be it enacted by the General Assembly of the State of Indiana:

SOURCE: IC 36-2-11-12; (01)HB2117.1.1. -->     SECTION 1. IC 36-2-11-12 IS AMENDED TO READ AS FOLLOWS [EFFECTIVE JULY 1, 2001]: Sec. 12. (a) The recorder shall index each volume of instruments he the recorder records by:
        (1) the name of each grantor, promisor, or covenantor, in alphabetical order and cross-referenced to the proper grantee, promisee, or covenantee; and
        (2) the name of each grantee, promisee, or covenantee, in alphabetical order and cross-referenced to the proper grantor, promisor, or covenantor.
    (b) The recorder shall accurately maintain separate indexes of all the records of:
        (1) deeds for real estate; and
        (2) mortgages on real estate;
in his the recorder's office. The recorder shall index each deed or mortgage alphabetically, by the name of each grantor and grantee or mortgagor and mortgagee, and shall include in each index entry a concise description of the real property, the date of the deed or

mortgage, and the number or letter of the book and the page at which each deed or mortgage is recorded.

SOURCE: IC 36-2-11-26; (01)HB2117.1.2. -->     SECTION 2. IC 36-2-11-26 IS ADDED TO THE INDIANA CODE AS A NEW SECTION TO READ AS FOLLOWS [EFFECTIVE JULY 1, 2001]: Sec. 26. (a) This section does not apply to an instrument executed before July 1, 2002.
    (b) A person may not present for recording by the county recorder a mortgage instrument that discloses a Social Security number.