AMEND UCC ARTICLE 4A/FUNDS TRANSFERS.

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View NCGA Bill Details(link is external)2013-2014 Session
Senate Bill 72 (Public) Filed Thursday, February 7, 2013
A BILL TO BE ENTITLED AN ACT TO AMEND UNIFORM COMMERCIAL CODE ARTICLE 4A, FUNDS TRANSFERS, TO CONTINUE THE APPLICABILITY OF THAT ARTICLE TO REMITTANCE TRANSFERS THAT ARE NOT ELECTRONIC FUND TRANSFERS, AS RECOMMENDED BY THE GENERAL STATUTES COMMISSION.
Intro. by Hartsell.
Status: Ch. SL 2013-14 (Senate Action) (Mar 22 2013)

Bill History:

S 72/S.L. 2013-14

Bill Summaries:

  • Bill S 72 (SL 2013-14) (2013-2014)
    Summary date: Mar 25 2013 - View Summary

    A BILL TO BE ENTITLED AN ACT TO AMEND UNIFORM COMMERCIAL CODE ARTICLE 4A, FUNDS TRANSFERS, TO CONTINUE THE APPLICABILITY OF THAT ARTICLE TO REMITTANCE TRANSFERS THAT ARE NOT ELECTRONIC FUND TRANSFERS, AS RECOMMENDED BY THE GENERAL STATUTES COMMISSION. Enacted March 22, 2013. Effective March 22, 2013.

    Business and Commerce
    GS 25
  • Bill S 72 (2013-2014)
    Summary date: Feb 7 2013 - View Summary

    Identical to H 78, filed 2-06-13.

    Amends GS 25-4A-108, providing that Article 4A (Funds Transfers) of the Uniform Commercial Code applies to a remittance transfer as defined in the Electronic Fund Transfer Act (Act) unless the transfer is an electronic fund transfer. Specifies that the Act governs in a conflict with Article 4A. Makes a conforming change.

    Business and Commerce
    GS 25
View: All Summaries for Bill