CONSUMER PROTECTION- INVOICE ADVERTISEMENTS.

View NCGA Bill Details2021
Senate Bill 488 (Public) Filed Thursday, April 1, 2021
AN ACT TO ELIMINATE THE USE OF DISCLAIMERS ON SIMULATED CHECKS OR INVOICES.
Intro. by Rabon, Ford, Alexander.

Status: Ref To Com On Rules, Calendar, and Operations of the House (House action) (May 13 2021)
S 488

Bill Summaries:

  • Summary date: May 13 2021 - More information

    Senate amendment makes the following changes to the 1st edition.

    Further amends GS 75-35, which prohibits a person engaged in commerce from issuing any writing that simulates or resembles a negotiable instrument or an invoice. Adds that the statute does not prohibit unsolicited checks to secure loans made by a lender under the terms and conditions prescribed in GS 75-20 (detailing requirements for delivering such unsolicited checks, violations of which are an unfair trade practice).


  • Summary date: Apr 1 2021 - More information

    Amends GS 75-35, which prohibits a person engaged in commerce from issuing any writing that simulates or resembles a negotiable instrument or an invoice. Adds that including a disclaimer on the writing is not a defense to a violation of the statute. Effective October 1, 2021.


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