97-140. Nonduplication of recovery.
Any person having a covered claim that may be recovered under more than one insurance or self-insurance guaranty or security association or its equivalent shall seek recovery first from the association of the place or residence of the claimant. Any recovery under this Article shall be reduced by the amount of recovery from any other insurance guaranty or security association or its equivalent. (1985 (Reg. Sess., 1986), c. 1013, s. 1; 2005-400, s. 7.)
Structure North Carolina General Statutes
North Carolina General Statutes
Chapter 97 - Workers' Compensation Act
Article 4 - North Carolina Self-Insurance Security Association.
§ 97-132 - Board of directors.
§ 97-133 - Powers and duties of the Association.
§ 97-136 - Powers and duties of the Commissioner.
§ 97-137 - Examination of the Association.
§ 97-140 - Nonduplication of recovery.
§ 97-141 - Stay of proceedings.
§ 97-142 - Disposition of assets upon dissolution.
§ 97-143 - Use of deposits made by insolvent member self-insurers.