Bill Summary for S 675 (2025-2026)

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Summary date: 

Apr 8 2025

Bill Information:

View NCGA Bill Details2025-2026 Session
Senate Bill 675 (Public) Filed Tuesday, March 25, 2025
AN ACT TO ENACT PROVISIONS RELATED TO THE TRANSFER OF PROPERTY WHEN CHARITABLE ORGANIZATIONS ARE NAMED AS BENEFICIARIES OF NONPROBATE ASSETS.
Intro. by Craven, Overcash, Blue.

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Bill summary

Senate committee substitute to the 1st edition makes the following changes.

Amends proposed GS 24-10(g)(2), applicable to loans secured by a second or junior lien, as specified, by adding that the term total loan amount is as defined in GS 24-101E.