Bill Summary for H 452 (2017-2018)

Summary date: 

Mar 22 2017

Bill Information:

View NCGA Bill Details2017-2018 Session
House Bill 452 (Public) Filed Wednesday, March 22, 2017
AN ACT TO AUTHORIZE A DEBTOR TO RETAIN FIREARMS VALUED AT UP TO FIVE THOUSAND DOLLARS FREE FROM THE ENFORCEMENT OF THE CLAIMS OF CREDITORS.
Intro. by B. Turner, Hardister, Dobson.

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Bill summary

Amends GS 1C-1601 to exempt a debtor's aggregate interest in any lawfully possessed firearms, up to $5,000 in value, from creditor claims. Applies to a total of no more than two handguns and four rifles or shotguns. Effective October 1, 2017.

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