A BILL TO BE ENTITLED
AN ACT to amend the interest raTE laws to authorize the commissioner of banks to allow certain affiliates of licensees under G.S. 53‑176 to be exempt from certain provisions of chapter 24.
The General Assembly of North Carolina enacts:
SECTION 1.  This act amends the laws governing interest rates as they relate to certain optional rate lenders.
SECTION 2.  This act is effective when it becomes law.