Bill Summary for S 414 (2011-2012)

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Summary date: 

Jun 15 2011

Bill Information:

View NCGA Bill Details2011-2012 Session
Senate Bill 414 (Public) Filed Wednesday, March 23, 2011
TO PROVIDE THAT RECIPROCAL ATTORNEYS' FEES PROVISIONS IN BUSINESS CONTRACTS ARE VALID AND ENFORCEABLE UNDER THE LAWS OF THIS STATE.
Intro. by Clodfelter.

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Bill summary

House committee substitute makes the following changes to 3rd edition. Clarifies that reciprocal attorneys’ fees provisions in business contracts are valid and enforceable only if all the parties to the business contract sign that contract by hand.