Bill Summary for S 807 (2015-2016)

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Bill: CONFORM FULL-PAYMENT CHECK LAW TO UCC.

Summary date: 

Jun 30 2016
S.L. 2016-52

Bill Information:

View NCGA Bill Details(link is external)2015-2016 Session
Senate Bill 807 (Public) Filed Tuesday, May 3, 2016
AN ACT TO CONFORM TO THE COMPARABLE PROVISION OF THE UNIFORM COMMERCIAL CODE THIS STATE'S LAW ON ACCORD AND SATISFACTION OF A DISPUTED DEBT THROUGH THE TENDERING OF A NEGOTIABLE INSTRUMENT AS FULL PAYMENT OF THE DEBT, AS RECOMMENDED BY THE GENERAL STATUTES COMMISSION.
Intro. by Hartsell.

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Bill summary

AN ACT TO CONFORM TO THE COMPARABLE PROVISION OF THE UNIFORM COMMERCIAL CODE THIS STATE'S LAW ON ACCORD AND SATISFACTION OF A DISPUTED DEBT THROUGH THE TENDERING OF A NEGOTIABLE INSTRUMENT AS FULL PAYMENT OF THE DEBT, AS RECOMMENDED BY THE GENERAL STATUTES COMMISSION. Enacted June 30, 2016. Effective October 1, 2016.