SB 10 (1993): revising articles 3 and 4 of the uniform commercial code and adopting article 4A of the uniform commercial code.

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@misc{bill-1993-sb10, title = {SB 10 (1993): revising articles 3 and 4 of the uniform commercial code and adopting article 4A of the uniform commercial code.}, howpublished = {Granite Record}, url = {https://graniterecord.org/bill/1993/sb10}, note = {Accessed 24 Oct. 2026} }

SB 10 (1993)

revising articles 3 and 4 of the uniform commercial code and adopting article 4A of the uniform commercial code.

  • Status: Signed into law
  • Term: 1993-1994
  • House committee: Commerce, Small Business and Consumer Affairs
  • Senate committee: Banks
  • Subject: Banking and Finance
  • Chapter law: 346

The Story

It was introduced on January 7, 1993 and referred to the Senate Banks committee. The committee held a public hearing on February 12, 1993. The committee recommended that the Senate pass it with changes. On February 17, 1993 the Senate voted to pass it with changes on a voice vote. It crossed to the House on March 10, 1993 and was referred to the House Commerce, Small Business and Consumer Affairs committee. The committee held a public hearing on March 23, 1993. The committee held work sessions on March 30, 1993, April 6, 1993 and May 4, 1993. The majority of the committee recommended that the House pass it with changes unanimously, 15–0. On May 18, 1993 the House voted to pass it with changes on a voice vote. On May 25, 1993 the Senate voted to agree to the other chamber's changes on a voice vote. The bill was enrolled on June 9, 1993 — the final check of the text before it goes to the governor — and an enrolled bill amendment (3102) was adopted to correct technical errors found after passage. An enrolled bill amendment () was adopted on a voice vote on June 17, 1993. These correct technical errors found after passage. The bill was enrolled on June 17, 1993 — the final check of the text before it goes to the governor. The governor signed it on July 1, 1993, making it Chapter 346 of the session laws. It took effect on January 1, 1994.

Sponsors

  • Sen. McLane (SD15) (prime sponsor)

Hearings and Sessions

  • February 12, 1993, 12:00 PM: hearing, Senate Banks, RM103,LOB
  • March 23, 1993, 10:00 AM: hearing, House Commerce, Small Business and Consumer Affairs, RM207,LOB
  • March 30, 1993, 3:30 PM: subcommittee work session, House Commerce, Small Business and Consumer Affairs, RM207,LOB
  • April 6, 1993, 1:30 PM: subcommittee work session, House Commerce, Small Business and Consumer Affairs, RM207,LOB
  • May 4, 1993, 10:30 AM: subcommittee work session, House Commerce, Small Business and Consumer Affairs, RM207,LOB

Votes

  • February 17, 1993, Senate: Ought to Pass with Amendment — voice vote, passed
  • May 18, 1993, House: Ought to Pass with Amendment — voice vote, passed
  • May 25, 1993, Senate: Concur — voice vote, passed

The Docket

  • January 7, 1993: INTRODUCED AND REF TO BANKS; SJ2,P22
  • February 12, 1993: HEARING FEB12 12:00 RM103,LOB FOR: BANKS
  • February 16, 1993: COMM REPORT OTP/AM FEB17
  • February 16, 1993: PROP COMM AM<1556>(NEW TITLE); SC13,P5-18
  • February 17, 1993: COMM AM, AA VV; PASSED WITH AM VV; SJ6,P68-81 + 93
  • March 10, 1993: INTRODUCED AND REF TO COMMERCE; HJ36,P852
  • March 11, 1993: IN SEAT POCKET ON 03/10/93 DUE ON 04/14/93
  • March 23, 1993: HEARING MAR23 10:00 RM207,LOB FOR: COMMERCE
  • March 30, 1993: SUBCOM WORK SESSION MAR30 03:30 RM207,LOB FOR: COMMERCE
  • April 6, 1993: SUBCOM WORK SESSION APR06 01:30 RM207,LOB FOR: COMMERCE
  • April 13, 1993: 8 CAL DAY EXTENSION GRANTED (NEW DUE DATE: 4/22); HJ56,P1350
  • April 22, 1993: 14 CAL DAY EXTENSION GRANTED (NEW DUE DATE: 5/6/93); HJ61,P1495
  • May 4, 1993: SUBCOM WORK SESSION MAY04 10:30 RM207,LOB FOR: COMMERCE
  • May 5, 1993: //CANCELLED//SUBCOM WORK SESSION MAY11 09:00 RM207,LOB FOR: C
  • May 12, 1993: MAJ REPORT OTP/AM FOR MAY18 (VOTE 15-0)
  • May 12, 1993: PROP COMM AM<2707>; HJ73,P1788
  • May 18, 1993: COMM AM, AA VV; PASSED WITH AM VV; HJ77,P1848-1849 + 1852
  • May 25, 1993: SEN CONC WITH HOUSE AM, SEN FRASER MA VV; SJ20,P455
  • June 9, 1993: ENROLLED AM<3102> AA; SJ23,P534
  • June 9, 1993: 06/09/93 ENROLLED; SJ23,P538
  • June 17, 1993: ENROLLED AM, AA VV; HJ91,P2020
  • June 17, 1993: ENROLLED; HJ91,P2023
  • July 1, 1993: SIGNED BY GOVERNOR 07/01/93 EFF: 01/01/94* CHAP.0346

Laws It Would Change

From the General Court