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NC S769

Bill

Status

Passed

7/8/2022

Primary Sponsor

Amy Galey

Click for details

Origin

Senate

2021-2022 Session

AI Summary

Senate Bill 769 Summary

  • Extends the postponement deadline for judicial and execution sales from 6 days to 90 days after the original sale date, aligning with power of sale postponement provisions.

  • Requires written or oral notice of postponement to judgment debtors and parties previously served, with written notice served under Rules 5(b) of the North Carolina Rules of Civil Procedure.

  • Adds requirement that postponement notices state the reason for postponement and be signed by the authorized person, their agent, or attorney.

  • Extends the 90-day execution return period to court when a sale is postponed by the number of days the sale is postponed.

  • Effective October 1, 2022, applies to sales noticed on or after that date.

Legislative Description

GSC Postponement/Judicial & Execution Sales

Public

Last Action

Ch. SL 2022-60

7/8/2022

Committee Referrals

Rules, Calendar, and Operations of the House6/9/2022
Rules and Operations of the Senate6/1/2022
Judiciary5/24/2022
Rules and Operations of the Senate5/24/2022

Full Bill Text

No bill text available