Mend July Legislation Act

[EmeraldGuuy]

CONGRESS OF THE
COMMONWEALTH OF REDMONT
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A BILL TO

ISSUE MINOR CORRECTIONS TO VARIOUS LAWS PASSED BY A SINGLE LEGISLATOR


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The people of the Commonwealth of Redmont, through their elected Representatives in the Congress and the force of law ordained to that Congress by the people through the constitution, do hereby enact the following provisions into law:


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PART I: PRELIMINARIES

1 - Short Title and Enactment

(1) This Act may be cited as the "Mend July Legislation Act".

(2) This Act shall be enacted immediately upon its signage.

(3) This Act was authored by MJL.

(4) This Act is sponsored by EmeraldGuuy Goodman.

(5) This Act is co-sponsored by antonfr.

(5) This Act amends the following acts:
(a) Property Lien Act
(b) Provisional Debt Recovery Act
(c) Redmont Civil Code Act

2 - Reasons and Intent

(1) MJL messed up some things.

(2) This Act fixes those things.

PART II: AMENDMENTS

(1) Subdivision (c) of Subsection (7) of Section 1 of the Property Lien Act is repealed and the following is substituted in lieu thereof:

(c) Coordinates with the Debt Recovery Quick Fix Act Provisional Debt Recovery Act.

(2) (a) Section 30 of the Property Lien Act is repealed and the following is substituted in lieu thereof:

(1) A Judicial Lien may be obtained as part of debt recovery proceedings under the Debt Recovery Quick Fix Act Provisional Debt Recovery Act or subsequent acts.

(2) Asset seizure under the Debt Recovery Quick Fix Act Provisional Debt Recovery Act or subsequent acts does not displace the priority of a previously perfected Lien.

(b) Section 30 of the Property Lien Act is hereby renamed to "30 - Provisional Debt Recovery Act".

(3) Section 3, Part XII, of the Redmont Civil Code Act is repealed and the following is substituted in lieu thereof:

3 - Refusal to Release a Satisfied Lien​

Offence Type: Violation Type: Intentional/Negligent​

Remedy: Up to 100 Civil Penalty Units; restitution of any damage caused​

A person commits a violation if the person:​

(a) being a Lienholder, fails to file a Release of Lien or release the relevant SIH Agent within 14 days of the secured obligation being satisfied; and​

(b) the failure is willful or in reckless disregard of the Lien Debtor's interests.​

Relevant Law: Act of Congress - Property Lien Act​

(4) Section 4, Part XII, of the Redmont Civil Code Act is repealed and the following is substituted in lieu thereof:

4 - Unauthorized Private Foreclosure​

Offence Type: Indictable Violation Type: Strict Liability​

Penalty: Remedy: Up to 200 Civil Penalty Units; restitution of Fair Market Value of the Collateral​

A person commits a violation if the person:​

(a) seizes, sells, or otherwise disposes of Collateral subject to a Lien without following the foreclosure procedures of the Property Lien Act and without an order of the Federal Court.​

Relevant Law: Act of Congress - Property Lien Act​

(5) (a) Part VI of the Property Lien Act is amended by adding the following new section:

24 - Court-Ordered Discharge

(1) Court-Ordered Discharge of a lien shall take place through the process described in Section 11, Part II, of the Redmont Civil Code Act.

(b) Subsequent sections shall be renumbered.

(6) Section 6 of the Property Lien Act is repealed and the following is substituted in lieu thereof:

(1) A Judicial Lien is created as described by Section 10, Part II, of the Redmont Civil Code Act.

4 - Other Amendments
(1) Subsection (2) of Section 11 of the Provisional Debt Recovery Act is repealed and the following is substituted in lieu thereof:

(2) Minimums. DoC shall ensure new players are covered for a minimum of 33% of their recoverable damages while under New Player Coverage. The exact percentage of coverage shall be set by DoC policy. DoC may further set policy capping payouts for recoverable damages to a specific dollar amount. The maximum dollar amount for such shall not be at a value of less than $10,000.