Bill Summary for S 364 (2019-2020)

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Bill: NC COMMERCIAL RECEIVERSHIP ACT REVISIONS. (NEW)

Summary date: 

Mar 26 2019
S.L. 2020-75

Bill Information:

View NCGA Bill Details2019-2020 Session
Senate Bill 364 (Public) Filed Tuesday, March 26, 2019
AN ACT TO ENACT THE NORTH CAROLINA COMMERCIAL RECEIVERSHIP ACT; REPEAL CORRESPONDING ASSIGNMENTS FOR THE BENEFIT OF CREDITOR STATUTES; AND MAKE AN ACTION FOR THE APPOINTMENT OF A GENERAL RECEIVER FOR CERTAIN BUSINESS ENTITY DEBTORS A MANDATORY COMPLEX BUSINESS CASE, AS RECOMMENDED BY THE NORTH CAROLINA BAR ASSOCIATION.
Intro. by Bishop.

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Bill summary

To be summarized.