58-19-65. Revocation or suspension of insurer's license.
Whenever it appears to the Commissioner that any person has committed a violation of this Article that makes the continued operation of an insurer contrary to the interests of policyholders or the public, the Commissioner may, after giving notice and an opportunity to be heard, suspend or revoke such insurer's license to do business in this State for such period as he finds is required for the protection of policyholders or the public. Any such determination shall be accompanied by specific findings of fact and conclusions of law. (1989, c. 722, s. 1; 2003-212, s. 26(f).)
Structure North Carolina General Statutes
North Carolina General Statutes
Article 19 - Insurance Holding Company System Regulatory Act.
§ 58-19-1 - Findings; purpose; legislative intent.
§ 58-19-2 - Compliance with federal law.
§ 58-19-10 - Affiliates or subsidiaries of insurers.
§ 58-19-15 - Acquisition of control of or merger with domestic insurer.
§ 58-19-17 - Foreign or alien insurer's report of change of control.
§ 58-19-25 - Registration of insurers.
§ 58-19-30 - Standards and management of an insurer within an insurance holding company system.
§ 58-19-37 - Supervisory colleges.
§ 58-19-38 - Group-wide supervision of internationally active insurance groups.
§ 58-19-40 - Confidential treatment.
§ 58-19-65 - Revocation or suspension of insurer's license.
§ 58-19-70 - Judicial review; mandatory injunction or writ of mandamus.
§ 58-19-75 - Forms general requirements.
§ 58-19-80 - Forms incorporation by reference, summaries and omissions.
§ 58-19-85 - Forms information unknown or unavailable and extension of time to furnish.