NORTH CAROLINA GENERAL ASSEMBLY

1977 SESSION

 

 

CHAPTER 807

SENATE BILL 590

 

 

AN ACT TO AMEND G.S. 14-391 RELATING TO LOAN INTEREST ON HOUSEHOLD FURNITURE.

 

The General Assembly of North Carolina enacts:

 

Section 1.  G.S. 14-391(1) as the same appears in the 1969 Replacement Volume 1B of the General Statutes is hereby amended by deleting the words and figure "six percent (6%)" and inserting in lieu thereof the words "permitted by law".

Sec. 2.  This act shall become effective upon ratification.

In the General Assembly read three times and ratified, this the 29th day of June, 1977.