North Carolina H866 mandates an automatic order upon filing an equitable distribution claim to prevent asset dissipation.

North Carolina H866 requires courts to enter an automatic order upon filing an equitable distribution claim. This order prohibits parties from disposing of marital or divisible property without consent. The order remains in effect until a final distribution order is entered. The Administrative Office of the Courts must create a standardized form for this automatic order, available by October 1, 2025. The order includes provisions to maintain existing insurance coverage and prevent changes to life insurance beneficiaries. The act takes effect October 1, 2025.

North Carolina H866 mandates an automatic order upon filing an equitable distribution claim to prevent asset dissipation.

North Carolina H866 requires courts to enter an automatic order upon filing an equitable distribution claim. This order prohibits parties from disposing of marital or divisible property without consent. The order remains in effect until a final distribution order is entered. The Administrative Office of the Courts must create a standardized form for this automatic order, available by October 1, 2025. The order includes provisions to maintain existing insurance coverage and prevent changes to life insurance beneficiaries. The act takes effect October 1, 2025.