Bill Summary for H 452 (2017-2018)
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Summary date:
Mar 22 2017
Bill Information:
| 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.
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Bill summary
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.