58-37-45. Procedure for cession provided in plan of operation.
Upon receipt by the company of a risk which it does not elect to retain, the company shall follow such procedures for ceding the risk as are established by the plan of operation. (1973, c. 818, s. 1; 1977, c. 828, s. 22.)
Structure North Carolina General Statutes
North Carolina General Statutes
Article 37 - North Carolina Motor Vehicle Reinsurance Facility.
§ 58-37-5 - North Carolina Motor Vehicle Reinsurance Facility; creation; membership.
§ 58-37-10 - Obligations after termination of membership.
§ 58-37-20 - Merger, consolidation or cession.
§ 58-37-25 - General obligations of insurers.
§ 58-37-30 - General obligations of insurance producers.
§ 58-37-35 - The Facility; functions; administration.
§ 58-37-40 - Plan of operation.
§ 58-37-45 - Procedure for cession provided in plan of operation.
§ 58-37-50 - Termination of insurance.
§ 58-37-55 - Exemption from requirements of this Article of companies and their agents.