Bill Summary for S 493 (2021-2022)
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Summary date:
Jul 1 2022
Bill Information:
| View NCGA Bill Details | 2021 |
AN ACT TO MODIFY MULTILOCATION PROJECT ENHANCEMENT FOR THE JOB DEVELOPMENT INVESTMENT GRANT PROGRAM; AND TO REPEAL A PROVISION CONCERNING CONFESSION OF JUDGMENT.Intro. by Newton, Craven.
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Bill summary
House amendment makes the following changes to the 2nd edition.
Subject to House Bill 911 becoming law, adds a new section to repeal Section 11 of that act, which amends GS 53-181(c) to specify that subsection (c) of that statute does not prohibit a consumer finance licensee from taking a confession of judgment from a borrower following the borrower's failure to make a payment as required under a loan contract.
Changes the act's titles.