North Carolina General Statutes
Article 58 - Life Insurance and Viatical Settlements.
§ 58-58-230 - Examinations.

58-58-230. Examinations.
(a) The Commissioner may conduct an examination of a licensee as often as the Commissioner considers appropriate.
(b) An examination under this Part shall be conducted in accordance with the Examination Law.
(c) In lieu of an examination of any foreign or alien person licensed under this Part, the Commissioner may accept an examination report on the licensee prepared by the appropriate viatical settlement regulator for the licensee's state of domicile or port-of-entry state.
(d) When making an examination under this Part, the Commissioner may retain attorneys, appraisers, independent actuaries, independent certified public accountants, or other professionals and specialists as examiners, the reasonable cost of which shall be borne by the licensee that is the subject of the examination. (2001-436, s. 3.)

Structure North Carolina General Statutes

North Carolina General Statutes

Chapter 58 - Insurance

Article 58 - Life Insurance and Viatical Settlements.

§ 58-58-1 - Definitions; requisites of contract.

§ 58-58-5 - Industrial life insurance defined.

§ 58-58-10 - Credit life insurance defined.

§ 58-58-15 - Any type of survivorship fund in life insurance contract prohibited.

§ 58-58-20 - Tie-in sales with life insurance prohibited.

§ 58-58-22 - Individual policy standard provisions.

§ 58-58-23 - Standard provisions for annuity and pure endowment contracts.

§ 58-58-25 - Policies to be issued to any person possessing the sickle cell trait or hemoglobin C trait.

§ 58-58-30 - Soliciting agent represents the company.

§ 58-58-35 - Discrimination between insurants forbidden.

§ 58-58-40 - Misrepresentations of policy forbidden.

§ 58-58-45 - Financial Provisions.

§ 58-58-50 - Standard Valuation Law.

§ 58-58-51 - NAIC valuation manual operative date.

§ 58-58-55 - Standard nonforfeiture provisions.

§ 58-58-61 - Standard nonforfeiture law for individual deferred annuities.

§ 58-58-65 - Reinsurance of companies regulated.

§ 58-58-70 - Insurable interest as between stockholders, partners, etc.

§ 58-58-75 - Insurable interest in life and physical ability of employee or agent.

§ 58-58-80 - Insurable interest in life and physical ability of partner.

§ 58-58-85 - Insurable interest in life of person covered by pension plan.

§ 58-58-86 - Insurable interest of charitable organizations.

§ 58-58-90 - Construction.

§ 58-58-95 - Rights of beneficiaries.

§ 58-58-97 - Provision of life insurance information upon notification of insured's death.

§ 58-58-100 - Minors may enter into insurance or annuity contracts and have full rights, powers and privileges thereunder.

§ 58-58-105 - Renunciation.

§ 58-58-110 - Interest payments on death benefits.

§ 58-58-115 - Creditors deprived of benefits of life insurance policies except in cases of fraud.

§ 58-58-120 - Notice of nonpayment of premium required before forfeiture.

§ 58-58-125 - Minimum premium rates for assessment life insurance companies.

§ 58-58-130 - Distribution of surplus in mutual companies.

§ 58-58-135 - "Group life insurance" defined.

§ 58-58-140 - Group life insurance standard provisions.

§ 58-58-141 - Portability of group life insurance.

§ 58-58-145 - Group annuity contracts defined; requirements; issuance of individual certificates.

§ 58-58-146 - Application for annuities required.

§ 58-58-147 - Surrender fees on death benefits.

§ 58-58-150 - Employee life insurance defined.

§ 58-58-155 - Assignment of interest in group policies and annuity contracts.

§ 58-58-160 - Voting power under policies of group life insurance.

§ 58-58-165 - Exemption from execution.

§ 58-58-170 - Contestability after reinstatement.

§ 58-58-200 - Short title.

§ 58-58-205 - Definitions.

§ 58-58-210 - License requirements.

§ 58-58-215 - License revocation and denial.

§ 58-58-220 - Approval of viatical settlement contracts and disclosure statements.

§ 58-58-225 - Reporting requirements and privacy.

§ 58-58-230 - Examinations.

§ 58-58-235 - Record retention requirements.

§ 58-58-240 - Investigative authority of the Commissioner.

§ 58-58-245 - Disclosure.

§ 58-58-250 - General rules.

§ 58-58-255 - Prohibited practices.

§ 58-58-260 - Advertising for viatical settlements.

§ 58-58-265 - Fraudulent viatical settlement acts, interference, and participation of convicted felons prohibited.

§ 58-58-267 - Fraud warning required.

§ 58-58-268 - Viatical settlement antifraud initiatives.

§ 58-58-270 - Report to Commissioner.

§ 58-58-275 - Reporting and investigation of suspected viatical settlement fraudulent acts; immunity from liability.

§ 58-58-280 - Confidentiality.

§ 58-58-285 - Other law enforcement or regulatory authority.

§ 58-58-290 - Injunctions; civil remedies; cease and desist orders.

§ 58-58-295 - Unfair trade practices.

§ 58-58-300 - Authority to adopt rules.

§ 58-58-305 - Jurisdictional limitations.

§ 58-58-310 - Effective date.

§ 58-58-320 - Purpose.

§ 58-58-325 - Scope.

§ 58-58-330 - Exemptions.

§ 58-58-335 - Definitions.

§ 58-58-340 - Practices declared false, misleading, deceptive, or unfair on a military installation.

§ 58-58-345 - Practices declared false, misleading, deceptive, or unfair regardless of location.

§ 58-58-350 - Procedures and sanctions.

§ 58-58-360 - Purpose [Short title].

§ 58-58-370 - No preemption of Unclaimed Property Act.

§ 58-58-380 - Definitions.

§ 58-58-390 - Requirements for insurers.

§ 58-58-400 - Noncompliance may constitute unfair claims settlement practice.