A bill to amend the Securities Act of 1933.
Housing Securities Act - Exempts from the provisions of the Securities Act of 1933 those sales of securities where the transactions involve offers or sales of one or more promissory notes directly secured by a first lien on a single parcel of real estate upon which a residential or commercial structure is located, and which meets the conditions set forth in this Act.
Introduced in Senate
Referred to Senate Committee on Banking, Housing and Urban Affairs.
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