H.B.
42
CONSTRUCTION LIENS AMENDMENTS
House Committee
Amendments
Amendment 1 January 27, 2014 10:09 AM
Representative R. Curt Webb
proposes the following amendments:
1. Page
4, Line 90 through Page 4, Line 94
:
90
[(8)] (9) "Construction loan" does not include
{
a loan that:
}
91
{
(a) (i) is
}
a consumer loan
{
; and
}
92
{
(ii) is
}
secured by the equity in the consumer's home
{
[
}
.
{
]
}
{
; or
}
93
{
(b) is not a bona fide loan.
}
94
[(9)] (10) "Construction project" means [construction work provided under] an
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