There is a newer version of the North Carolina General Statutes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.
58-58-147. Surrender fees on death benefits.
NC Gen Stat § 58-58-147 What's This?
58‑58‑147. Surrender fees on death benefits.
No authorized insurer shall deliver or issue for delivery in this State any deferred annuity contract that contains a provision that reduces the death benefit of the contract by a surrender fee when death occurs during the surrender period. (2007‑298, s. 1.2.)
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