Sec. 335. Transition provisions
96 words·~1 min read·
/bill/115/hr/6746/ih/section-335A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
The Agency shall provide for a transition period to permit the efficient implementation of the provisions of this subtitle. Such transition may include periods for testing, early adoption, and final mandatory adoption for all recorded mortgages. The Repository shall accept electronic submissions and paper-based documents submitted electronically subject to rules of the Repository. After the expiration of the 10-year period that begins upon the date of the enactment of this Act, subject to an extension of such period for up to 5 additional years if the Director determines appropriate, the Repository shall require only electronic submission.