Compliance News Alert: Nebraska Net Tangible Benefits Disclosure
Feb 22, 2021
On February 18, 2021 Gov. Eric Holcomb (R) signed into law IN HB 1056 (2021), which amends Ind. Code Ann. § 32-21-2-3 so that it only requires either an acknowledgement or a proof in order for an instrument to be recorded, as well as outlining what constitutes a “proof” in new Ibid. § 32-21-2-1.7. This bill took effect immediately upon passage.
We are currently reviewing this announcement to determine any impact, and evaluating any modifications, to our document library and/or systems. Any modifications we make as a result will be announced on our website.
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The preceding is for informational purposes only and is not and may not be construed as legal advice. No third-party entity may rely upon anything contained herein when making legal and/or other determinations regarding its practices, and such third party should consult with an attorney prior to embarking upon any specific course of action.