Amends GS 1C-1601 to exempt a debtor's aggregate interest in any lawfully possessed firearms, up to $5,000 in value, from creditor claims. Applies to a total of no more than two handguns and four rifles or shotguns. Effective October 1, 2017.
CREATE DEBTOR EXEMPTION FOR FIREARMS.
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View NCGA Bill Details | 2017-2018 Session |
AN ACT TO AUTHORIZE A DEBTOR TO RETAIN FIREARMS VALUED AT UP TO FIVE THOUSAND DOLLARS FREE FROM THE ENFORCEMENT OF THE CLAIMS OF CREDITORS.Intro. by B. Turner, Hardister, Dobson.
Status: Ref To Com On Judiciary I (House Action) (Mar 27 2017)
Bill History:
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Wed, 22 Mar 2017 House: Filed
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Mon, 27 Mar 2017 House: Passed 1st Reading
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Mon, 27 Mar 2017 House: Ref To Com On Judiciary I
H 452
Bill Summaries:
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Bill H 452 (2017-2018)Summary date: Mar 22 2017 - View Summary
View: All Summaries for Bill