2010 North Carolina Code
Chapter 58 Insurance.
Article 45 - Essential Property Insurance for Beach Area Property.
58-45-70. Commissioner may examine affairs of Association.
58‑45‑70. Commissioner may examine affairs of Association.
The Commissioner may from time to time make an examination into the affairs of the Association when he deems it to be prudent and in undertaking such examination he may hold a public hearing pursuant to the provisions of G.S. 58‑2‑50. When making an examination under this section, the Commissioner may retain attorneys, appraisers, independent actuaries, independent certified public accountants, or other professionals and specialists as examiners, the reasonable cost of which shall be borne by the Association. Examinations shall be conducted in accordance with G.S. 58‑2‑131, 58‑2‑132, and 58‑2‑133. (1967, c. 1111, s. 1; 1969, c. 249; 2009‑472, s. 1.)
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