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NC S488

Bill

Official Source

Status

Engrossed

5/13/2021

Primary Sponsor

William Rabon

Click for details

Origin

Senate

2021-2022 Session

AI Summary

  • Prohibits any person engaged in commerce from issuing writings that simulate or resemble negotiable instruments or invoices unless the recipient has actually contracted for the goods, property, or services being offered
  • Eliminates the use of disclaimers as a legal defense against violations of this prohibition
  • Preserves the existing exception allowing unsolicited checks issued by lenders to secure loans under G.S. 75-20
  • Takes effect October 1, 2021

Legislative Description

Consumer Protection- Invoice Advertisements

Public

Last Action

Ref To Com On Rules, Calendar, and Operations of the House

5/13/2021

Committee Referrals

Rules, Calendar, and Operations of the House5/13/2021
Rules and Operations of the Senate5/10/2021
Judiciary4/13/2021
Rules and Operations of the Senate4/5/2021

Full Bill Text

No bill text available