Amendment AA1-ASA1-AB594

LRBa1892/1

MDK:kjf:jf

2005 - 2006 LEGISLATURE

ASSEMBLY AMENDMENT 1, TO ASSEMBLY SUBSTITUTE AMENDMENT 1, TO 2005 ASSEMBLY BILL 594

December 15, 2005 - Offered by Representative Hundertmark.

AB594-ASA1-AA1,1,1 At the locations indicated, amend the substitute amendment as follows:

AB594-ASA1-AA1,1,2 1. Page 2, line 3: delete that line and substitute:

AB594-ASA1-AA1,1,3 " Section 3m. 425.204 (3) of the statutes is amended to read:

AB594-ASA1-AA1,1,8 425.204 (3) The surrender of collateral by a customer is not a voluntary surrender if it is made pursuant to a request or demand, other than a notice under s. 425.205 (1g) (a), by the merchant for the surrender of the collateral, or if it is made pursuant to a threat, statement, or notice, other than a notice under s. 425.205 (1g) (a), by the merchant that the merchant intends to take possession of the collateral.".

AB594-ASA1-AA1,1,9 (End)