There is a newer version of the North Carolina General Statutes
2010 North Carolina Code
Chapter 58 Insurance.
Article 26 - Real Estate Title Insurance Companies.
58-26-15. Limitation of risk.
NC Gen Stat § 58-26-15 What's This?
58‑26‑15. Limitation of risk.
No real estate title insurance company shall guarantee or insure in any one risk on real property located in North Carolina more than forty percent (40%) of its combined capital and surplus without first having the approval of the Commissioner, which approval shall be endorsed upon the policy. (1945, c. 386; 1967, c. 936; 1993, c. 504, s. 18.)
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