Bill Summaries: S364 (2011-2012 Session)

Tracking:
  • Bill S 364 (2011-2012)
    Summary date: Mar 16 2011 - View summary

    Amends GS 44A-75 as the title indicates. Additionally provides that upon the deposit of the surety bond in the specified amount, the lien holder or the lien holder’s agent is to release the aircraft to the owner, if the lien holder has possession of the aircraft. Effective when the act becomes law and applies to liens perfected under Article 5 of GS Chapter 44A on or after that date.
    Banking and Finance
    GS 44A

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