Fiscal Note

SB0053 - Trust Deed Law Amendments

State Impact:
No significant State or local government fiscal impact.
Individual and Business Impact:
There may be some minimal financial impact on corporations and some individuals affected by the provisions of this bill. Some provisions of the bill may expedite transactions and result in some financial benefit to specific groups or individuals. Net costs or savings cannot be quantified at this time. Other provisions of the bill may restrict some persons from serving as trustee of a trust deed. This may have a negative financial impact on those individuals.

Office of the Legislative Fiscal Analyst
1/19/2001 11:08:56 AM

Last Revised: 30 August, 2000