Bill Summary for H 462 (2011-2012)
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Summary date:
Jun 12 2012
S.L. 2012-152
Bill Information:
| View NCGA Bill Details | 2011-2012 Session |
TO STUDY THE ADEQUACY OF CURRENT CONSUMER PROTECTIONS FOR BUSINESS OPPORTUNITY AND FRANCHISE SALES.Intro. by McCormick.
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Bill summary
Senate amendment makes the following changes to 2nd edition. Amends proposed language in GS 116B-8 to allow the Treasurer to contract with a person on a contingent fee basis to perform audits of life insurance companies if the audit is being conducted to identify unclaimed death benefits or unredeemed bond funds.