Bill Summary for H 243 (2013-2014)
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Summary date:
Mar 20 2013
S.L. 2013-239
Bill Information:
View NCGA Bill Details | 2013-2014 Session |
A BILL TO BE ENTITLED AN ACT AUTHORIZING AN OWNER OF A SELF-STORAGE FACILITY WHO HAS A LIEN UPON PERSONAL PROPERTY TO DELIVER NOTICE OF THE PUBLIC SALE OF THE PROPERTY TO THE OCCUPANT BY CERTIFIED MAIL OR BY VERIFIED ELECTRONIC MAIL, TO PUBLISH NOTICE IN ANY COMMERCIALLY REASONABLE MANNER, AND TO CONDUCT THE SALE THROUGH AN ONLINE, PUBLICLY ACCESSIBLE AUCTION WEB SITE, AND TO INCREASE THE MINIMUM LATE FEES FOR SELF-STORAGE FACILITY RENTAL CONTRACTS.Intro. by Stevens.
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Bill summary
House committee substitute makes the following changes to the 1st edition.
Assertsthat providing notice of the public saleof personal propertybya lienor via first class mailand electronic mail, ifavailable (was, first class mail or electronic mail), is acceptable.
Makesa conforming change to the title,substituting the phrase regular and electronic mailfor regular or electronic mail.
Clarifies that the sale is to be conducted in a commercially reasonable manner as defined in GS 25-9-627.