GENERAL ASSEMBLY OF NORTH CAROLINA

1983 SESSION

 

 

CHAPTER 65

HOUSE BILL 297

 

AN ACT TO RAISE THE SIZE OF ESTATES THAT MAY BE ADMINISTERED UNDER THE SMALL ESTATES PROVISIONS OF ARTICLE 25 OF CHAPTER 28A AND UNDER G.S. 7A-111 AS RECOMMENDED BY THE GENERAL STATUTES COMMISSION.

 

The General Assembly of North Carolina enacts:

 

Section 1.  G.S. 28A-25-1(a) is hereby amended by deleting the words and figures "five thousand dollars ($5,000)" and inserting in lieu thereof the words and figures "ten thousand dollars ($10,000)" in both places where the same appears.

Sec. 2.  G.S. 28A-25-6 is hereby amended in subsections (a), (b), and (c) by deleting the words and figures "two thousand dollars ($2,000)" and inserting in lieu thereof the words and figures "five thousand dollars ($5,000)" wherever the same appears.

Sec. 3.  G.S. 7A-111 is hereby amended in subsections (a) and (b) by deleting the words and figures "two thousand dollars ($2,000)" and inserting in lieu thereof the words and figures "five thousand dollars ($5,000)".

Sec. 4.  Sections 1 and 2 of this act shall apply to the administration of the estates of persons dying on or after October 1, 1983.

Sec. 5.  This act shall become effective October 1, 1983.

In the General Assembly read three times and ratified, this the 11th day of March, 1983.