While several North Carolina bankruptcy courts have asserted that "[n]ot only is there no legislative history for § 1C-1601, In re Ragan, 64 B.R. 384, 387 (Bankr. E.D.N.C. 1986), this may be merely received wisdom that was not actually researched.
So for what it might be worth, about a month ago I spent an afternoon after the EBI recording at the NC legislature's library on its microfiche machine and got copies of all of the legislative history for N.C.G.S. § 1C-1601.
While there is not as much as anyone might want, there certainly is more than bankruptcy courts have found previously.
Additionally, I only had time to get the documents for N.C.G.S. § 1C-1601. At the same time that was enacted, the North Carolina legislature also passed a bill opting out of the federal exemptions. Senate Bill 156 from 1980-1981 had parallel hearings and also potentially some additional history.
I would be very happy if someone wanted to spend an afternoon pulling that, but perhaps the only thing more outdated than our current exemptions are the microfiche machines in Raleigh.
Please click below for the applicable documents:
1810 Exemption Laws of North Carolina
1980 Memorandum From Committee on Collection of Money Judgements
19810226 Senate Small Business Minutes
19810306 Senate Small Business Minutes
19810327 Senate Small Business Minutes
19810403 Senate Small Business Minutes
19810417 Senate Small Business Minutes
19810512 House Judiciary III Minutes
19810522 Senate Business Minutes
19810605 Senate Small Business Minutes
19910424 NC Senate Banks & Thrifts Committee - Property Exemptions
19910501 NC House Committee on Commerce - HB869
19910506NC House Subcommittee for Financial Institutions
HB313PCS1097
HB313 PCS4053
HB313 Senate Reported Favorable As Amended
New Rules for an Old Game
The Legislature Strikes Back
Senate Bill 203
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