AN ACT TO ALLOW THE DEPARTMENT OF CULTURAL RESOURCES, OFFICE OF ARCHIVES AND HISTORY, TO USE THE NET PROCEEDS OF THE SALE OF ARTIFACTS FOR MAINTENANCE OR CONSERVATION OF OTHER ARTIFACTS; TO CLARIFY THE PROCESS FOR TRANSFERRING TITLE OF UNCLAIMED OR UNDOCUMENTED PROPERTY LOANED TO MUSEUMS AND HISTORICAL REPOSITORIES TO THOSE MUSEUMS AND HISTORICAL REPOSITORIES; TO SET A TIME LIMITATION ON CONFIDENTIALITY OF RECORDS; TO CLARIFY THAT PHOTOGRAPHS AND VIDEO RECORDINGS OF DERELICT VESSELS OR SHIPWRECKS ARE PUBLIC RECORDS WHEN IN THE CUSTODY OF NORTH CAROLINA AGENCIES; AND TO PROVIDE THAT CERTAIN MERCHANDISE CREDITS ARE NOT DEEMED ABANDONED PROPERTY.
Senate amendments make the following changes to the 4th edition.
Amendment #1 amends GS 121-52(b) and (c)(1) to clarify that those provisions require that all of the listed information must be included in the notice to the lender and that the notice must be published in both manners listed.
Amendment #2 adds a new section to the bill amending GS 116B-54 to add that a card issued for a merchandise credit is not considered abandoned property. Effective July 1, 2012, and applies to merchandise credits issued on or after that date. Makes conforming changes and amends the act's long title.
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