NORTH CAROLINA GENERAL ASSEMBLY

1973 SESSION

 

 

CHAPTER 327

SENATE BILL 484

 

AN ACT TO SET BONDSMAN FEES IN ROBESON COUNTY.

 

The General Assembly of North Carolina enacts:

 

Section 1. The following Chapters and sections of the Session Laws of North Carolina are repealed: (a) Section 3, Chapter 995, 1947 Session Laws; (b) Chapter 1126, 1953 Session Laws; (c) Section 2, Chapter 217, 1969 Session Laws.

Sec. 2. Section 3 of Chapter 136 of the 1947 Session Laws of North Carolina is hereby rewritten as follows:

"No person, firm, association or corporation executing, or becoming surety on, a bond for an appearance in any court of Robeson County shall charge as a total fee for the bond and any services connected with it an amount in excess of fifteen percent (15%) on the first one thousand five hundred dollars ($1,500) of a bond or in excess of ten percent (10%) on the balance of a bond over that amount; except that when fifteen percent (15%) of the bond amount is less than five dollars ($5.00), a minimum fee of five dollars ($5.00) may be charged without regard to the limitations above."

Sec. 3. This act shall become effective on ratification.

In the General Assembly read three times and ratified, this the 7th day of May, 1973.