Amends GS 25A-34 to provide that that statute (regarding balloon payments) does not apply to the sale of motorcycles. Applies to contracts entered into on or after the date the bill becomes law.
MOTORCYCLE FINANCING CHANGES.
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View NCGA Bill Details(link is external) | 2017-2018 Session |
AN ACT TO ALLOW CERTAIN MOTORCYCLE FINANCING PROGRAMS IN NORTH CAROLINA.Intro. by Brock.
Status: Ref To Com On Rules and Operations of the Senate (Senate Action) (Mar 30 2017)
Bill History:
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Wed, 29 Mar 2017 Senate: Filed(link is external)
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Thu, 30 Mar 2017 Senate: Passed 1st Reading(link is external)
S 488
Bill Summaries:
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Bill S 488 (2017-2018)Summary date: Mar 29 2017 - View Summary
View: All Summaries for Bill