58-8-35. Contingent liability printed on policy.
Every insurance company licensed to do business in this State shall print on each policy in clear and explicit language the full contingent liability of its members. (1945, c. 386; 1991, c. 644, s. 1; 1991 (Reg. Sess., 1992), c. 837, s. 2.)
Structure North Carolina General Statutes
North Carolina General Statutes
Article 8 - Mutual Insurance Companies.
§ 58-8-1 - Mutual insurance companies organized; requisites for doing business.
§ 58-8-5 - Manner of amending charter.
§ 58-8-10 - Policyholders are members of mutual companies.
§ 58-8-15 - Directors in mutual companies.
§ 58-8-20 - Mutual companies with a guaranty capital.
§ 58-8-25 - Dividends to policyholders.
§ 58-8-30 - Contingent liability of policyholders.
§ 58-8-35 - Contingent liability printed on policy.
§ 58-8-36 - Administrative fees.
§ 58-8-40 - Nonassessable policies; foreign or alien companies.
§ 58-8-50 - Guaranty against assessments prohibited.
§ 58-8-55 - Manner of making assessments; rights and liabilities of policyholders.