REPOSSESSION OF MANUFACTURED SIGN.

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View NCGA Bill Details(link is external)2023-2024 Session
House Bill 693 (Public) Filed Tuesday, April 18, 2023
AN ACT TO ALLOW A SELLER OF A MANUFACTURED SIGN TO REPOSSESS THE SIGN IF THE BUYER FAILS TO PAY.
Intro. by Crutchfield, Lowery, Tyson, Balkcom.
Status: Re-ref to Judiciary. If fav, re-ref to Rules and Operations of the Senate (Senate action) (Jun 25 2024)

Bill History:

H 693

Bill Summaries:

  • Bill H 693 (2023-2024)
    Summary date: Apr 18 2023 - View Summary

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    Enacts new GS 25-2-703.1 providing that if a buyer of a manufactured sign fails to pay under the terms of the contract with the seller of the sign, the seller may repossess the sign. States that the seller may not breach the peace in the repossession. Allows for the seller to also exercise any other lawful remedy. Applies even if the manufactured sign is fixed to real property. Effective October 1, 2023.

    Business and Commerce
    GS 25
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