Bill Summary for H 188 (2025-2026)
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Summary date:
May 6 2025
Bill Information:
| View NCGA Bill Details | 2025-2026 Session |
AN ACT TO AMEND THE REQUIREMENTS FOR CERTAIN AUTOMATICALLY RENEWING CONSUMER CONTRACTS.Intro. by Stevens, Kidwell.
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Bill summary
House committee substitute to the 3rd edition reinstates the exemption for banks, trust companies, savings and loans associations, savings banks, domestic credit unions, foreign banks maintaining a branch or agency in the United States, and any subsidiary or affiliate thereof in GS 75-41 (requiring disclosure statements in contracts with automatic renewal provisions).
