Bill Text: NC S600 | 2015-2016 | Regular Session | Amended

NOTE: There are more recent revisions of this legislation. Read Latest Draft

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Bill Title: Appraiser Compensation/Judge Perform Marriage

Spectrum: Slight Partisan Bill (Republican 2-1)

Status: (Passed) 2016-06-30 - Ch. SL 2016-61 [S600 Detail]

Download: North_Carolina-2015-S600-Amended.html

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GENERAL ASSEMBLY OF NORTH CAROLINA

SESSION 2015

S                                                                                                                                                     3

SENATE BILL 600

Transportation Committee Substitute Adopted 4/29/15

House Committee Substitute Favorable 6/2/16

 

Short Title:      Appraiser Compensation/Judge Perform Marriage.		(Public)
Sponsors:
Referred to:

March 30, 2015

A BILL TO BE ENTITLED

AN ACT to require appraisal management companies to compensate appraisers in compliance with federal law and to allow federal appellate judges to perform marriage ceremonies.

The General Assembly of North Carolina enacts:

SECTION 1.(a)  G.S. 93E‑2‑4 is amended by adding the following new subsection to read:

"§ 93E‑2‑4.  Qualifications for registration; duties of registrants.

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(i)         For appraisal assignments of one‑ to four‑family residential dwellings, an appraisal management company shall compensate appraisers in compliance with section 129E(i) of the federal Truth in Lending Act (15 U.S.C. § 1601 et seq.) and regulations promulgated thereunder. The Board shall adopt rules necessary to enforce this subsection."

SECTION 1.(b)  G.S. 93E‑2‑8(a) is amended by adding the following new subdivision to read:

"§ 93E‑2‑8.  Disciplinary authority.

(a)        The Board may, by order, deny, suspend, revoke, or refuse to issue or renew a registration of an appraisal management company under this Article or may restrict or limit activities of a person who owns an interest in or participates in the business of an appraisal management company if the Board determines that an applicant, registrant, or any partner, member, manager, officer, director, compliance manager, or person occupying a similar status, performing similar functions, or directly or indirectly controlling the applicant or registrant has done any of the following:

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(9)        Failed to compensate appraisers in compliance with G.S. 93E‑2‑4(i)."

SECTION 1.(c)  This section becomes effective January 1, 2017.

SECTION 2.(a)  G.S. 51‑1 reads as rewritten:

"§ 51‑1.  Requisites of marriage; solemnization.

A valid and sufficient marriage is created by the consent of a male and female person who may lawfully marry, presently to take each other as husband and wife, freely, seriously and plainly expressed by each in the presence of the other, either:

(1)       a.         In the presence of an ordained minister of any religious denomination, a minister authorized by a church, a Justice of the United States Supreme Court or a Judge of the United States Court of Appeals, or a magistrate; and

b.         With the consequent declaration by the ministerminister, Justice, Judge, or magistrate that the persons are husband and wife; or

(2)        In accordance with any mode of solemnization recognized by any religious denomination, or federally or State recognized Indian Nation or Tribe.

Marriages solemnized before March 9, 1909, by ministers of the gospel licensed, but not ordained, are validated from their consummation."

SECTION 2.(b)  This section becomes effective July 2, 2016, and expires July 5, 2016.

SECTION 3.  Except as otherwise provided, this act is effective when it becomes law.