North Carolina General Statutes
Chapter 58 - Insurance
Article 15 - Reciprocal Insurance.

§ 58-15-1 - Scope. - 58-15-1. Scope. This Article applies to all reciprocals and reciprocal...

§ 58-15-5 - Definitions. - 58-15-5. Definitions. As used in this Article: (1) "Attorney" means...

§ 58-15-10 - Kinds of insurance. - 58-15-10. Kinds of insurance. A reciprocal licensed in this State...

§ 58-15-15 - Risk limitations. - 58-15-15. Risk limitations. (a) Except for Article 11 of this...

§ 58-15-20 - Eligible contracting persons. - 58-15-20. Eligible contracting persons. (a) Persons of this State may...

§ 58-15-25 - Business name. - 58-15-25. Business name. Every reciprocal shall have and use an...

§ 58-15-30 - License, surplus, and deposit requirements. - 58-15-30. License, surplus, and deposit requirements. (a) No reciprocal shall...

§ 58-15-35 - Continuation of business under prior requirements. - 58-15-35. Continuation of business under prior requirements. (a) Notwithstanding other...

§ 58-15-40 - Certification of foreign and alien reciprocals. - 58-15-40. Certification of foreign and alien reciprocals. No foreign reciprocal...

§ 58-15-45 - Attorney's domicile. - 58-15-45. Attorney's domicile. Nothing in Articles 1 through 64 of...

§ 58-15-50 - Contracts and property. - 58-15-50. Contracts and property. A reciprocal may enter into contracts...

§ 58-15-55 - Insurance producer license. - 58-15-55. Agent's license. No person shall act in this State...

§ 58-15-60 - Subscribers' contingent liability. - 58-15-60. Subscribers' contingent liability. (a) Each subscriber insured under an...

§ 58-15-65 - Nonassessable policies. - 58-15-65. Nonassessable policies. (a) The Commissioner may issue a certificate...

§ 58-15-70 - Distribution to subscribers. - 58-15-70. Distribution to subscribers. A reciprocal may return to its...

§ 58-15-75 - Reserves. - 58-15-75. Reserves. Each reciprocal shall maintain the same unearned premium...

§ 58-15-85 - Service of process. - 58-15-85. Service of process. (a) Each attorney of a domestic...

§ 58-15-90 - Legal proceedings. - 58-15-90. Legal proceedings. (a) Any reciprocal doing business in this...

§ 58-15-95 - Liability on judgments. - 58-15-95. Liability on judgments. Any judgment against a reciprocal based...

§ 58-15-100 - Declaration for license. - 58-15-100. Declaration for license. (a) One hundred or more persons...

§ 58-15-105 - Attorney's bond. - 58-15-105. Attorney's bond. (a) Concurrent with the filing of the...

§ 58-15-110 - Deposit in lieu of bond. - 58-15-110. Deposit in lieu of bond. Instead of filing the...

§ 58-15-115 - Advisory committee. - 58-15-115. Advisory committee. The advisory committee exercising the subscribers' rights...

§ 58-15-120 - Subscriber's agreement and power of attorney. - 58-15-120. Subscriber's agreement and power of attorney. (a) Every subscriber...

§ 58-15-125 - Modification of subscriber's agreement and power of attorney. - 58-15-125. Modification of subscriber's agreement and power of attorney. Modification...

§ 58-15-130 - Advance of funds. - 58-15-130. Advance of funds. The attorney or other interested persons...

§ 58-15-135 - Assessments. - 58-15-135. Assessments. (a) Assessments may be levied upon the subscribers...

§ 58-15-140 - Duration of liability for assessment. - 58-15-140. Duration of liability for assessment. Every subscriber of a...

§ 58-15-145 - Distribution of assets after liquidation. - 58-15-145. Distribution of assets after liquidation. Upon the liquidation of...

§ 58-15-150 - Financial impairment; assessment; liquidation. - 58-15-150. Financial impairment; assessment; liquidation. (a) If (i) the assets...