AN ACT TO ELIMINATE THE USE OF DISCLAIMERS ON SIMULATED CHECKS OR INVOICES.
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).
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