Bill Summary for H 736 (2019-2020)

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Bill: ELECTIVE SHARE-JOINT ACCOUNTS.

Summary date: 

Jul 2 2020
S.L. 2020-60

Bill Information:

View NCGA Bill Details2019-2020 Session
House Bill 736 (Public) Filed Thursday, April 11, 2019
AN ACT TO LIMIT SPOUSAL SHARE WITH RESPECT TO JOINTLY HELD PROPERTY TO A REBUTTABLE PRESUMPTION OF IN-KIND CONTRIBUTION UNLESS OTHERWISE ESTABLISHED BY CLEAR AND CONVINCING EVIDENCE AND TO REQUIRE A FEE FOR FILING A CLAIM FOR AN ELECTIVE SHARE.
Intro. by Zachary, Conrad, Howard.

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Bill summary

AN ACT TO LIMIT SPOUSAL SHARE WITH RESPECT TO JOINTLY HELD PROPERTY TO A REBUTTABLE PRESUMPTION OF IN-KIND CONTRIBUTION UNLESS OTHERWISE ESTABLISHED BY CLEAR AND CONVINCING EVIDENCE AND TO REQUIRE A FEE FOR FILING A CLAIM FOR AN ELECTIVE SHARE. SL 2020-60. Enacted June 30, 2020. Sections 2 and 3 are effective December 1, 2020. The remainder is effective June 30, 2020.