Bill Summary for H 452 (2017-2018)
Summary date:
Bill Information:
View NCGA Bill Details | 2017-2018 Session |
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.
View: All Summaries for Bill | Tracking: |
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.
© 2021 School of Government The University of North Carolina at Chapel Hill
This work is copyrighted and subject to "fair use" as permitted by federal copyright law. No portion of this publication may be reproduced or transmitted in any form or by any means without the express written permission of the publisher. Distribution by third parties is prohibited. Prohibited distribution includes, but is not limited to, posting, e-mailing, faxing, archiving in a public database, installing on intranets or servers, and redistributing via a computer network or in printed form. Unauthorized use or reproduction may result in legal action against the unauthorized user.