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NC H693
Bill
Status
Engrossed
5/3/2023
Primary Sponsor
Kevin Crutchfield
Click for details
AI Summary
- Adds new § 25-2-703.1 to North Carolina General Statutes allowing sellers of manufactured signs to repossess signs when buyers fail to make payments in violation of their contract
- Repossession right applies only if the seller does not breach the peace during the repossession process
- Permits sellers to exercise any other lawful remedies in addition to repossession
- Applies even if the manufactured sign is affixed to real property
- Becomes effective October 1, 2023
Legislative Description
Repossession of Manufactured Sign
Advertising & Marketing; Commerce; Communications; Debtor & Creditor; Liens; Manufacturing; Public; Signs
Last Action
Re-ref to Judiciary. If fav, re-ref to Rules and Operations of the Senate
6/25/2024
Committee Referrals
Judiciary6/25/2024
Rules and Operations of the Senate5/3/2023
Rules, Calendar, and Operations of the House5/1/2023
Judiciary I4/19/2023
Full Bill Text
No bill text available