AMEND UCC ARTICLE 4A/FUNDS TRANSFERS.

View NCGA Bill Details2013-2014 Session
House Bill 78 (Public) Filed Wednesday, February 6, 2013
A BILL TO BE ENTITLED AN ACT TO AMEND UNIFORM COMMERCIAL CODE ARTICLE 4A, FUNDS TRANSFERS, TO CONTINUE THE APPLICABILITY OF THAT ARTICLE TO REMITTANCE TRANSFERS THAT ARE NOT ELECTRONIC FUND TRANSFERS, AS RECOMMENDED BY THE GENERAL STATUTES COMMISSION.
Intro. by Blust.

Status: Ref To Com On Judiciary Subcommittee A (House Action) (Feb 7 2013)

Bill History:

H 78

Bill Summaries:

  • Summary date: Feb 6 2013 - More information

    Amends GS 25-4A-108, providing that Article 4A (Funds Transfers) of the Uniform Commercial Code applies to a remittance transfer as defined in the Electronic Fund Transfer Act (Act) unless the transfer is an electronic fund transfer. Specifies that the Act governs in a conflict with Article 4A. Makes a conforming change.


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