Bill Summary for H 973 (2011-2012)

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Summary date: 

May 16 2012

Bill Information:

View NCGA Bill Details2011-2012 Session
House Bill 973 (Public) Filed Wednesday, May 16, 2012
TO PROVIDE NOTICE TO CONSUMERS WHEN A CONDITIONAL SALES CONTRACT FOR A VEHICLE IS EXECUTED, AS RECOMMENDED BY THE HOUSE SELECT COMMITTEE ON MILITARY AFFAIRS.
Intro. by Cook, Shepard.

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Bill summary

Amends GS 20-75.1 (conditional delivery of motor vehicle) to provide as title indicates. Sets out the wording of the notice to be included in the purchaser’s contract. Applies to conditional sales occurring on or after October 1, 2012. Makes organizational changes.