AN ACT TO MODERNIZE NORTH CAROLINA'S CONSUMER CREDIT INSTALLMENT SALE CONTRACT DEFAULT CHARGE IN ORDER TO LEVEL THE PLAYING FIELD WITH OUT-OF-STATE BUSINESSES. Enacted June 26, 2017. Effective June 26, 2017.
CONSUMER CREDIT/DEFAULT CHARGE.
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| View NCGA Bill Details | 2017-2018 Session |
AN ACT TO MODERNIZE NORTH CAROLINA'S CONSUMER CREDIT INSTALLMENT SALE CONTRACT DEFAULT CHARGE IN ORDER TO LEVEL THE PLAYING FIELD WITH OUT-OF-STATE BUSINESSES.Intro. by Gunn.
Status: Ch. SL 2017-45 (Senate Action) (Jun 26 2017)
Bill History:
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Thu, 30 Mar 2017 Senate: Filed
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Mon, 3 Apr 2017 Senate: Passed 1st Reading
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Mon, 3 Apr 2017 Senate: Ref To Com On Rules and Operations of the Senate
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Mon, 24 Apr 2017 Senate: Withdrawn From Com
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Wed, 26 Apr 2017 Senate: Reptd Fav Com Substitute
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Wed, 26 Apr 2017 Senate: Com Substitute Adopted
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Wed, 26 Apr 2017 Senate: Re-ref Com On Rules and Operations of the Senate
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Wed, 26 Apr 2017 Senate: Reptd Fav
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Wed, 26 Apr 2017 Senate: Placed on Today's Supplemental Calendar
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Wed, 26 Apr 2017 Senate: Passed 2nd Reading
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Wed, 26 Apr 2017 Senate: Passed 3rd Reading
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Thu, 27 Apr 2017 Senate: Regular Message Sent To House
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Thu, 27 Apr 2017 House: Regular Message Received From Senate
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Thu, 27 Apr 2017 House: Passed 1st Reading
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Thu, 27 Apr 2017 House: Ref To Com On Rules, Calendar, and Operations of the House
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Mon, 8 May 2017 House: Withdrawn From Com
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Mon, 8 May 2017 House: Re-ref Com On Judiciary II
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Wed, 10 May 2017 House: Withdrawn From Com
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Wed, 10 May 2017 House: Re-ref Com On Commerce and Job Development
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Wed, 7 Jun 2017 House: Reptd Fav
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Wed, 7 Jun 2017 House: Cal Pursuant Rule 36(b)
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Wed, 7 Jun 2017 House: Placed On Cal For 06/08/2017
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Thu, 8 Jun 2017 House: Passed 2nd Reading
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Thu, 8 Jun 2017 House: Passed 3rd Reading
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Thu, 8 Jun 2017 House: Ordered Enrolled
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Mon, 12 Jun 2017 Ratified
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Tue, 13 Jun 2017 Pres. To Gov. 6/13/2017
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Mon, 26 Jun 2017 Became Law W/o Signature
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Mon, 26 Jun 2017 Ch. SL 2017-45
S 577/S.L. 2017-45
Bill Summaries:
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Bill S 577 (2017-2018)Summary date: Jun 26 2017 - View Summary
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Bill S 577 (2017-2018)Summary date: Apr 26 2017 - View Summary
Senate committee substitute makes the following changes to the 1st edition.
Amends GS 25A-29 to provide that if any installment is past due for 10 days or more according to the original terms of the consumer credit installment sale contract, a default charge can be made in an amount not to exceed $25 (was, $15).
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Bill S 577 (2017-2018)Summary date: Mar 31 2017 - View Summary
Amends GS 25A-29 to provide that if any installment is past due for 10 days or more according to the original terms of the consumer credit installment sale contract, a default charge can be made in an amount not to exceed $25 (was, not to exceed the lesser of 5% of the installment past due or $6).
View: All Summaries for Bill