Bill Summary for H 462 (2011-2012)

Summary date: 

Jun 12 2012
S.L. 2012-152

Bill Information:

View NCGA Bill Details2011-2012 Session
House Bill 462 (Public) Filed Thursday, March 24, 2011
TO STUDY THE ADEQUACY OF CURRENT CONSUMER PROTECTIONS FOR BUSINESS OPPORTUNITY AND FRANCHISE SALES.
Intro. by McCormick.

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Bill summary

Senate amendment makes the following changes to 2nd edition. Amends proposed language in GS 116B-8 to allow the Treasurer to contract with a person on a contingent fee basis to perform audits of life insurance companies if the audit is being conducted to identify unclaimed death benefits or unredeemed bond funds.

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