Senate amendment makes the following changes to the 1st edition.
Further amends GS 75-35, which prohibits a person engaged in commerce from issuing any writing that simulates or resembles a negotiable instrument or an invoice. Adds that the statute does not prohibit unsolicited checks to secure loans made by a lender under the terms and conditions prescribed in GS 75-20 (detailing requirements for delivering such unsolicited checks, violations of which are an unfair trade practice).
CONSUMER PROTECTION- INVOICE ADVERTISEMENTS.
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| View NCGA Bill Details | 2021 |
AN ACT TO ELIMINATE THE USE OF DISCLAIMERS ON SIMULATED CHECKS OR INVOICES.Intro. by Rabon, Ford, Alexander.
Status: Ref To Com On Rules, Calendar, and Operations of the House (House action) (May 13 2021)
Bill History:
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Thu, 1 Apr 2021 Senate: Filed
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Mon, 5 Apr 2021 Senate: Passed 1st Reading
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Mon, 5 Apr 2021 Senate: Ref To Com On Rules and Operations of the Senate
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Tue, 13 Apr 2021 Senate: Withdrawn From Com
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Mon, 10 May 2021 Senate: Reptd Fav
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Mon, 10 May 2021 Senate: Re-ref Com On Rules and Operations of the Senate
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Wed, 12 May 2021 Senate: Reptd Fav
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Thu, 13 May 2021 Senate: Amend Adopted A1
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Thu, 13 May 2021 Senate: Passed 2nd Reading
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Thu, 13 May 2021 Senate: Passed 3rd Reading
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Thu, 13 May 2021 Senate: Engrossed
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Thu, 13 May 2021 Senate: Special Message Sent To House
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Thu, 13 May 2021 House: Special Message Received From Senate
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Thu, 13 May 2021 House: Passed 1st Reading
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Thu, 13 May 2021 House: Ref To Com On Rules, Calendar, and Operations of the House
S 488
Bill Summaries:
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Bill S 488 (2021-2022)Summary date: May 13 2021 - View Summary
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Bill S 488 (2021-2022)Summary date: Apr 1 2021 - View Summary
Amends GS 75-35, which prohibits a person engaged in commerce from issuing any writing that simulates or resembles a negotiable instrument or an invoice. Adds that including a disclaimer on the writing is not a defense to a violation of the statute. Effective October 1, 2021.
View: All Summaries for Bill