Commission hears Bar counsel's concerns, will reference statutes before introducing Mortgage Modification Act
The commission heard recommended edits from a Colorado Bar Association representative and First American Title counsel about ambiguous language in the Uniform Mortgage Modification Act and authorized Commissioner Love to consult the Uniform Law Commission and sponsors before introduction.
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Madam Chair introduced agenda item 1B, the Uniform Mortgage Modification Act, and invited the Bar Association's representatives to speak. Seth Holly, in-house counsel for First American Title (speaking on behalf of the Colorado Bar Association), said he had no prepared testimony but raised several drafting concerns and offered to answer questions.
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