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NC H452

Bill

Official Source

Status

Introduced

3/22/2017

Primary Sponsor

Brian Turner

Click for details

Origin

House of Representatives

2017-2018 Session

AI Summary

  • Establishes a new exemption allowing debtors in North Carolina to retain firearms free from creditor claims up to a maximum value of $5,000.

  • Limits the firearms exemption to a total of no more than two handguns and four rifles or shotguns.

  • Applies only to lawfully possessed firearms owned by individual residents of North Carolina who are debtors.

  • Effective date is October 1, 2017.

Legislative Description

Create Debtor Exemption for Firearms

Last Action

Ref To Com On Judiciary I

3/27/2017

Committee Referrals

Judiciary I3/27/2017

Full Bill Text

No bill text available