Find Laws Find Lawyers Free Legal Forms USA State Laws

NORTH CAROLINA STATUTES AND CODES

§ 74-83. Forfeiture proceedings.

§74‑83.  Forfeiture proceedings.

Whenever the Departmentdetermines the necessity of a bond or other security forfeiture under theprovisions of G.S. 74‑81, or whenever it revokes, suspends or modifies apermit under the provisions of G.S. 74‑82, it shall request the AttorneyGeneral to initiate forfeiture proceedings against the bond or other securityfiled by the permit holder: Provided, however, that no such request shall bemade for forfeiture of a bond or other security until the guarantor has been givenwritten notice of the violation and a reasonable opportunity to take correctiveaction. These proceedings shall be brought in the name of the State of NorthCarolina. In these  proceedings, the face amount of the bond or other security,less any amount previously released by the Department, shall be treated asliquidated damages and subject to forfeiture. All funds collected as a resultof these proceedings shall be placed in a special fund and used by theDepartment to carry out, to the extent possible, the abandonment measures whichthe permit holder has failed to complete. If the amount of the bond or othersecurity filed pursuant to this section proves to be insufficient to completethe required abandonment, the permit holder shall be liable to the Departmentfor any excess above the amount of the bond or other security which may berequired to defray the cost of completing the required reclamation. (1983,c. 279, s. 1.)

North Carolina Forms by Issue

North Carolina Gun Forms
North Carolina Real Estate Forms
North Carolina Tax Forms

North Carolina Law

North Carolina State Laws
    > North Carolina Child Support
    > North Carolina Gun Laws
    > North Carolina Statute
North Carolina Tax
    > North Carolina State Tax
North Carolina Labor Laws
    > North Carolina Unemployment
North Carolina Agencies
    > North Carolina Department of Corrections
    > North Carolina DMV
    > North Carolina Employment Security Commission
    > North Carolina Real Estate
    > North Carolina Secretary of State

North Carolina Court Map

Tips