{"data":{"id":"us-nc/n.c.-gen.-stat.-53-458","jurisdiction":"us-nc","citation":"N.C. Gen. Stat. § 53-458","heading":"(Effective January 1, 2027) Mandatory hold on transactions.","body":"(a)\t48-Hour Transaction Hold. - A virtual currency kiosk operator shall impose a 48-hour hold on all transactions initiated by a customer whose first transaction occurred within the past seven days. During this hold period, the virtual currency kiosk shall do all of the following:\n(1)\tAccept the transaction request and record all required information.\n(2)\tNot transmit, transfer, or make available any virtual currency to the customer.\n(3)\tDisplay a notice informing the customer that the transaction will not be completed until the expiration of the 48-hour hold.\n(b)\tProhibition on Early Releases. - A virtual currency kiosk operator shall not release, settle, or complete any transaction subject to the 48-hour hold before the hold period expires, regardless of customer request, operator discretion, or automated system behavior.\n(c)\tMultiple Transactions During Hold Period. - If multiple transactions are initiated by a customer during the initial seven-day period, each transaction is subject to its own 48-hour hold, measured from the time that transaction was initiated. (2026-45, s. 1.)","path":["Chapter 53. Regulation of Financial Services.","Article 26. (Effective January 1, 2027) Virtual Currency Kiosk Consumer Protection Act."],"source_url":"https://www.ncleg.gov/EnactedLegislation/Statutes/HTML/BySection/Chapter_53/GS_53-458.html","current_through":"S.L. 2026-30","vintage":"","retrieved_at":"2026-10-28T05:56:06Z","sha256":"202495e1e0e50ce74f570401dc6cf70c0b9b704f6320f0a0e6a896b9fe478009","source_id":"us-nc","stale":false,"prev":"us-nc/n.c.-gen.-stat.-53-457","next":"us-nc/n.c.-gen.-stat.-53-459"},"notice":"GroundRules: Original legal text. Not legal advice."}