5554 AMH  ADAM 132

SB 5554 - H AMD TO H COMM AMD (H3021.1)535 ADOPTED 4-14-97

By Representative Constantine

     Beginning on page 13, line 26, strike all of section 7

Renumber the remaining sections consecutively, correct internal references, and correct the title.

EFFECT:  Removes the ability of the beneficiary to bring an action against a guarantor of the obligation if the foreclosure sale does not satisfy the obligation.