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2010 North Carolina Code
Chapter 58 Insurance.
Article 45 - Essential Property Insurance for Beach Area Property.
58-45-40. Association members may cede insurance to Association.


NC Gen Stat § 58-45-40 What's This?

58‑45‑40. Association members may cede insurance to Association.

Any member of the Association may cede to the Association essential property insurance written on insurable property, to the extent, if any, and on the terms and conditions set forth in the plan of operation. (1967, c. 1111, s. 1; 1969, c. 249.)

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