---
type: "Bill"
title: "GSC Good Funds Settlement/Comm. Receivership."
description: "GSC Good Funds Settlement/Comm. Receivership."
jurisdiction: "us/states/nc"
legislature: "North Carolina General Assembly"
session: "2021"
identifier: "SB 198"
citation: "North Carolina SB 198 (2021)"
classification: ["bill"]
subjects: ["CHAPTERED", "CIVIL ACTIONS", "CIVIL PROCEDURE", "COURTS", "DEBTOR & CREDITOR", "DEEDS", "FINANCIAL SERVICES", "HOUSING", "INSURANCE", "INSURANCE DEPT.", "LOANS", "MORTGAGES", "PRESENTED", "PROPERTY", "PUBLIC", "RATIFIED", "REAL ESTATE"]
status: "enacted"
primary_sponsors: ["Edwards"]
version_count: 5
action_count: 34
vote_count: 2
first_action: "2021-03-08"
last_action: "2021-07-22"
source: "openstates"
source_identifier: "ocd-bill/edd5dd2c-1da8-40f8-82cd-d2a84135aa87"
source_url: "https://www.ncleg.gov/BillLookUp/2021/S198"
source_hash: "4bb93c4e64e33903305e3df7ea0a32cb2d7d78141a1c444a7510c035a626ca7e"
vintage: "2026-07-01"
source_snapshot: "https://data.openstates.org/daily/2026-07-01/public.pgdump"
retrieved_at: "2026-07-06"
confidence: "reported"
tags: ["legislation", "bill", "us-nc"]
---

# North Carolina SB 198 (2021) — GSC Good Funds Settlement/Comm. Receivership.

## Version chain

The bill's text revisions, in order — the diff chain from filing to enrollment.

1. **Filed** (filed) — [source](https://www.ncleg.gov/Sessions/2021/Bills/Senate/PDF/S198v0.pdf)
2. **Edition 1** (committee substitute) — [source](https://www.ncleg.gov/Sessions/2021/Bills/Senate/PDF/S198v1.pdf)
3. **Edition 2** (committee substitute) — [source](https://www.ncleg.gov/Sessions/2021/Bills/Senate/PDF/S198v2.pdf)
4. **Ratified** (committee substitute) — [source](https://www.ncleg.gov/Sessions/2021/Bills/Senate/PDF/S198v3.pdf)
5. **SL 2021-93** (committee substitute) — [source](https://www.ncleg.gov/Sessions/2021/Bills/Senate/PDF/S198v4.pdf)

## Votes

- Motion 9 To Concur — **42–0** (pass) · upper
- Second Reading — **109–0** (pass) · lower

## Sponsors

- Edwards — primary (person)
- Galey — cosponsor (person)

## Timeline

The legislative action history — every referral, reading, and vote.

- **2021-07-22** Ch. SL 2021-93 `became-law`
- **2021-07-22** Signed by Gov. 7/22/2021 `executive-signature`
- **2021-07-16** Pres. To Gov. 7/16/2021 `executive-receipt`
- **2021-07-15** Ratified
- **2021-07-14** Ordered Enrolled
- **2021-07-14** Concurred In H Com Sub `amendment-passage`
- **2021-07-13** Placed On Cal For 07/14/2021
- **2021-07-13** Withdrawn From Com
- **2021-07-02** Ref To Com On Rules and Operations of the Senate `referral-committee`
- **2021-07-02** Regular Message Received For Concurrence in H Com Sub
- **2021-07-01** Regular Message Sent To Senate
- **2021-06-30** Passed 3rd Reading `passage, reading-3`
- **2021-06-30** Passed 2nd Reading `reading-2`
- **2021-06-30** Added to Calendar
- **2021-06-30** Cal Pursuant Rule 36(b)
- **2021-06-30** Reptd Fav `committee-passage-favorable`
- **2021-06-29** Re-ref Com On Rules, Calendar, and Operations of the House `referral-committee`
- **2021-06-29** Reptd Fav Com Substitute `committee-passage-favorable`
- **2021-06-14** Re-ref to the Com on Judiciary 1, if favorable, Rules, Calendar, and Operations of the House `referral-committee`
- **2021-06-14** Withdrawn From Com
- **2021-04-08** Ref To Com On Rules, Calendar, and Operations of the House `referral-committee`
- **2021-04-08** Passed 1st Reading `reading-1`
- **2021-04-05** Regular Message Received From Senate
- **2021-04-05** Regular Message Sent To House
- **2021-04-01** Passed 3rd Reading `passage, reading-3`
- **2021-04-01** Passed 2nd Reading `reading-2`
- **2021-03-31** Reptd Fav `committee-passage-favorable`
- **2021-03-30** Re-ref Com On Rules and Operations of the Senate `referral-committee`
- **2021-03-30** Reptd Fav `committee-passage-favorable`
- **2021-03-25** Re-ref to Judiciary. If fav, re-ref to Rules and Operations of the Senate `referral-committee`
- **2021-03-25** Withdrawn From Com
- **2021-03-09** Ref To Com On Rules and Operations of the Senate `referral-committee`
- **2021-03-09** Passed 1st Reading `reading-1`
- **2021-03-08** Filed `introduction`

## Source

OpenStates / OpenCivicData bulk snapshot [2026-07-01](https://data.openstates.org/daily/2026-07-01/public.pgdump); origin `ocd-bill/edd5dd2c-1da8-40f8-82cd-d2a84135aa87`. Confidence: reported (aggregated from official North Carolina legislature records).