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NC H933

Bill

Status

Introduced

5/11/2021

Primary Sponsor

James Boles

Click for details

Origin

House of Representatives

2021-2022 Session

AI Summary

H933 Summary: Alarm Systems Licensing Act/Revisions

  • Renames Chapter 74D from "Alarm Systems" to "Electronic Security Systems" throughout the statute for clarity and modernization.

  • Increases liability insurance requirements for alarm system businesses from $50,000/$100,000/$20,000 to $250,000/$500,000/$100,000 in bodily injury and property damage coverage.

  • Raises licensing and registration fees, including initial application fees (up to $500), renewal license fees (up to $1,000), registration fees (up to $100), and branch office certificate fees (up to $300).

  • Clarifies criminal background check procedures and conviction definitions to include "prayer for judgment continued, adjudication withheld, or equivalent" outcomes as disqualifying convictions.

  • Adds specific grounds for license denial and suspension related to deceptive sales practices including fraudulently claiming business ownership changes, falsely representing competitor dissolution, impersonating current service providers, and misrepresenting equipment upgrades.

Legislative Description

Alarm Systems Licensing Act/Revisions

Boards

Last Action

Ref to the Com on Finance, if favorable, Rules, Calendar, and Operations of the House

5/12/2021

Committee Referrals

Finance5/12/2021

Full Bill Text

No bill text available