Bill Summary for S 488 (2021-2022)

Summary date: 

Apr 1 2021

Bill Information:

View NCGA Bill Details2021
Senate Bill 488 (Public) Filed Thursday, April 1, 2021
AN ACT TO ELIMINATE THE USE OF DISCLAIMERS ON SIMULATED CHECKS OR INVOICES.
Intro. by Rabon, Ford, Alexander.

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Bill 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.

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