58-33-100. Payment of premium to agent valid; obtaining by fraud a crime.
(a) Any agent, broker or limited representative who acts for a person other than himself negotiating a contract of insurance is, for the purpose of receiving the premium therefor, the company's agent, whatever conditions or stipulations may be contained in the policy or contract. This subsection does not apply to the Insurance Underwriting Association established under Article 45 of this Chapter or the Joint Underwriting Association established under Article 46 of this Chapter.
(b) Any agent, broker or limited representative knowingly procuring by fraudulent representations payment, or the obligation for the payment, of a premium of insurance, shall be guilty of a Class 1 misdemeanor. (1987, c. 629, s. 1; 1993, c. 539, s. 458; 1994, Ex. Sess., c. 24, s. 14(c); 1997-498, s. 4.)
Structure North Carolina General Statutes
North Carolina General Statutes
Article 33 - Licensing of Insurance Producers, Limited Representatives, and Adjusters.
§ 58-33-15 - Restricted license for overseas military agents.
§ 58-33-17 - Limited license for rental car companies.
§ 58-33-18 - Limited license for self-service storage companies.
§ 58-33-19 - Limited lines travel insurance.
§ 58-33-26 - General license requirements.
§ 58-33-27 - Claims handling for portable consumer electronic devices.
§ 58-33-30 - License requirements.
§ 58-33-31 - Application for license.
§ 58-33-32 - Interstate reciprocity in producer licensing.
§ 58-33-40 - Appointment of agents.
§ 58-33-46 - Suspension, probation, revocation, or nonrenewal of licenses.
§ 58-33-48 - Criminal history record checks.
§ 58-33-50 - Notices; loss of residency; duplicate licenses.
§ 58-33-56 - Notification to Commissioner of termination.
§ 58-33-60 - Countersignature and related laws.
§ 58-33-66 - Temporary licensing.
§ 58-33-70 - Special provisions for adjusters and motor vehicle damage appraisers.
§ 58-33-75 - Twisting with respect to insurance policies; penalties.
§ 58-33-76 - Referral of business to repair source; prohibitions.
§ 58-33-80 - Discrimination forbidden.
§ 58-33-85 - Rebates and charges in excess of premium prohibited; exceptions.
§ 58-33-95 - Agents personally liable; representing unlicensed company prohibited; penalty.
§ 58-33-100 - Payment of premium to insurance producer valid; obtaining by fraud a crime.
§ 58-33-105 - False statements in applications for insurance.
§ 58-33-110 - Insurance producers signing certain blank policies.
§ 58-33-115 - Adjuster acting for unauthorized company.
§ 58-33-130 - Continuing education program for licensees.
§ 58-33-132 - Qualifications of instructors.