58-42-15. Voluntary participation.
Each plan may provide for participation by:
(1) Insurers that are not required to participate by G.S. 58-42-10;
(2) Eligible surplus lines insurers as defined in G.S. 58-21-10(3); or
(3) Reinsurers approved by the Commissioner. (1986, Ex. Sess., c. 7, s. 1; 1999-114, s. 1.)
Structure North Carolina General Statutes
North Carolina General Statutes
Article 42 - Mandatory or Voluntary Risk Sharing Plans.
§ 58-42-1 - Establishment of plans.
§ 58-42-5 - Purposes, contents, and operation of risk sharing plans.
§ 58-42-10 - Persons required to participate.
§ 58-42-15 - Voluntary participation.
§ 58-42-20 - Classification and rates.
§ 58-42-25 - Basis for participation.
§ 58-42-30 - Duty to provide information.
§ 58-42-35 - Provision of marketing facilities.
§ 58-42-40 - Voluntary risk sharing plans.
§ 58-42-45 - Article subject to Administrative Procedure Act; legislative oversight of plans.
§ 58-42-50 - Immunity of Commissioner and plan participants.