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Senate Bill 0059


Senate Bill 0059

ARCHIVE (2011)

Latest Information

 

DIGEST OF SB59 (Updated April 14, 2011 2:24 pm - DI 84)


Credit agreements. Specifies that for purposes of the law governing credit agreements, a credit agreement includes an agreement to: (1) amend or modify a credit agreement; (2) enter into a new credit agreement; (3) forbear from exercising rights under a credit agreement; or (4) grant an extension under a credit agreement. Makes a technical correction. Repeals a provision made unnecessary by expanding the definition of "credit agreement".
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