DEFINE "CONSUMER" - AUTO RENEWAL CONTRACTS.

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View NCGA Bill Details2017-2018 Session
House Bill 502 (Public) Filed Tuesday, March 28, 2017
AN ACT TO DEFINE THE TERM "CONSUMER" FOR PURPOSES OF THE LAW RELATED TO CONTRACTS WITH AUTOMATIC RENEWAL CLAUSES.
Intro. by Bradford.

Status: Ref To Com On Rules and Operations of the Senate (Senate Action) (Apr 21 2017)
H 502

Bill Summaries:

  • Summary date: Mar 28 2017 - View Summary

    Amends GS 75-41, which regulates contracts with automatic renewal clauses, to add a definition of the term consumer for use in the statute. Defines consumer to mean any natural person who purchases or leases any products or services under a contract containing an automatic renewal clause for personal, family, household, or agricultural purposes. Applies to contracts entered into on or after October 1, 2017.