58-35-70. Payments by insured without notice of assignment of agreement.
Unless the insured has notice of actual or intended assignment of the insurance premium finance agreement, payment thereunder by him to the last known holder of the agreement shall be binding upon all subsequent holders or assignees. (1963, c. 1118.)
Structure North Carolina General Statutes
North Carolina General Statutes
Article 35 - Insurance Premium Financing.
§ 58-35-5 - License required; fees.
§ 58-35-10 - Exceptions to license requirements.
§ 58-35-22 - Notification of criminal or administrative actions.
§ 58-35-25 - Investigations; hearings.
§ 58-35-35 - Excessive insurance premium finance charges; penalty.
§ 58-35-40 - Rebates and inducements prohibited; assignment of insurance premium finance agreements.
§ 58-35-45 - Filing and approval of forms and service charges.
§ 58-35-50 - Form, contents and execution of insurance premium finance agreements.
§ 58-35-55 - Limitations on service charges; computation; minimum charges.
§ 58-35-60 - Prohibited provisions in insurance premium finance agreements.
§ 58-35-65 - Delivery of copy of insurance premium finance agreement to insured.
§ 58-35-70 - Payments by insured without notice of assignment of agreement.
§ 58-35-75 - Statement of account; release on payment in full.
§ 58-35-80 - Credit upon anticipation of payments.
§ 58-35-90 - Violations; penalties.