DIGEST OF HB1365 (Updated April 21, 2003 3:21 PM - DI 84)
Equitable subrogation. Provides that a mortgagee may not be denied equitable subrogation of a lien solely because the: (1) mortgagee is a lending institution that had constructive notice of the lien; (2) higher priority lien was released; or (3) mortgagee had title insurance. Excludes municipal sewer liens and mechanic's liens from equitable subrogation.
