Bill Status of HB3920 101.th General Assembly
Short Description: CON FRAUD UNSOLICITED CHECKS
Rep. Kambium Buckner
|Session Sine Die
Statutes Amended In Order of Appearance
Synopsis As Introduced
Amends the Consumer Fraud and Deceptive Business Practices Act. Provides that it is an unlawful practice to send to a consumer an unsolicited check that, when cashed, obligates the recipient to repay the amount of the check plus interest and fees. Provides that the provision does not apply to a transaction in which a consumer has submitted an application for, or requested an extension of, credit from the person before receiving the check or instrument, or when the consumer has an existing relationship with the person.