There is a newer version of the North Carolina General Statutes
2010 North Carolina Code
Chapter 58 Insurance.
Article 58 - Life Insurance and Viatical Settlements.
58-58-105. Renunciation.
NC Gen Stat § 58-58-105 What's This?
58‑58‑105. Renunciation.
A beneficiary of a life insurance policy who did not possess the incidents of ownership under the policy at the time of death of the insured may renounce as provided in Chapter 31B of the General Statutes. (1975, c. 371, s. 5.)
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