Aaron Day Testifies on HB 1974; SB 1249 Passes Senate and Moves on to House


By TLTA Staff
April 6, 2017


On Tuesday, April 4, Aaron Day, director of government affairs and counsel for TLTA, testified against HB 1974.


 
"It is our understanding that the bill will remove the discretion that's very fundamental for the underwriters and independent agents to take into account whether or not they're going to accept a power of attorney," said Day. "We are in a position of suspecting fraud often times, and it's that circumstance we're most concerned about." 

Day added, "We're simply opposing this filed version of the bill. We are ready to negotiate with the other stakeholders, including the probate section of the bar, and we are very confident we have a good steward in the bill author, so we look forward to those conversations." 
  
Filed by Rep. John Wray, HB 1974 would amend the durable statutory power of attorney. TLTA supports this bill as long as it has amendments to clearly provide the discretion for title agents to reject powers of attorney. The bill has been left pending in committee. 
  
Meanwhile, SB 1249 – Sen. Royce West's bill on adverse possession against co-tenants – passed out of the Senate on Wednesday, April 5. It will now move on to the House.