There is a newer version of the North Carolina General Statutes
2010 North Carolina Code
Chapter 58 Insurance.
Article 7 - General Domestic Companies.
- 58-7-1. Application of this Chapter and general laws.
- 58-7-5. Extension of existing charters.
- 58-7-10. Certificate required before issuing policies.
- 58-7-15. Amount of capital and/or surplus required; impairment of capital or surplus.
- 58-7-16. Funding agreements authorized.
- 58-7-20: Repealed by Session Laws 1991, c. 681, s. 23.
- 58-7-21. Credit allowed a domestic ceding insurer.
- 58-7-25: Repealed by Session Laws 1991, c. 681, s. 23.
- 58-7-26. Asset or reduction from liability for reinsurance ceded by a domestic insurer to an assuming insurer not meeting the requirements of G.S. 58-7-21.
- 58-7-30. Insolvent ceding insurer.
- 58-7-31. Life and health reinsurance agreements.
- 58-7-32: Repealed by Session Laws 1993, c. 452, s. 65.
- 58-7-33. Minimum policyholders' surplus to assume property or casualty reinsurance.
- 58-7-35. Manner of creating such corporations.
- 58-7-37. Background of incorporators and proposed management personnel.
- 58-7-40. First meeting; organization; license.
- 58-7-45. Bylaws; classification and election of directors; amendments.
- 58-7-46. Notification to Commissioner for president or chief executive officer changes.
- 58-7-50. Maintenance and removal of records and assets.
- 58-7-55. Exceptions to requirements of G.S. 58-7-50.
- 58-7-60. Approval as a domestic insurer.
- 58-7-65. Conversion to foreign insurer.
- 58-7-70. Effects of redomestication.
- 58-7-73. Dissolutions of insurers.
- 58-7-75. Amount of capital and/or surplus required; impairment of capital or surplus.
- 58-7-80. Capital stock fully paid in cash.
- 58-7-85 through 58-7-90: Repealed by Session Laws 1991, c. 681, s. 30.
- 58-7-95. Establishment of separate accounts by life insurance companies.
- 58-7-100: Repealed by Session Laws 1991, c. 681, s. 30.
- 58-7-105. Authority to increase or reduce capital stock.
- 58-7-110. Assessment of shares; revocation of license.
- 58-7-115. Increase of capital stock.
- 58-7-120. Reduction of capital stock.
- 58-7-125. Dividends not payable when capital stock impaired; liability of stockholders for unlawful dividends.
- 58-7-130. Dividends and distributions to stockholders.
- 58-7-135: Repealed by Session Laws 1993, c. 452, s. 65.
- 58-7-140. Certain officers debarred from commissions.
- 58-7-145. Restrictions on purchase and sale of equity securities of domestic companies.
- 58-7-150. Consolidation.
- 58-7-155: Repealed by Session Laws 2005-424, s. 1.3, effective January 1, 2006, and applicable to applications filed, licenses issued, and licenses continued on or after that date.
- 58-7-160. Investments unlawfully acquired.
- 58-7-162. Allowable or admitted assets.
- 58-7-163. Assets not allowed.
- 58-7-165. Eligible investments.
- 58-7-167. General qualifications.
- 58-7-168. Authorization of investment.
- 58-7-170. Diversification.
- 58-7-172. Cash and deposits.
- 58-7-173. Permitted insurer investments.
- 58-7-175. Policy loans.
- 58-7-177: Repealed by Session Laws 2001-223, s. 8.9.
- 58-7-178. Foreign or territorial investments.
- 58-7-179. Mortgage loans.
- 58-7-180. Chattel mortgages.
- 58-7-182. Special investments by title insurers.
- 58-7-183. Special consent investments.
- 58-7-185. Prohibited investments and investment underwriting.
- 58-7-187. Real estate, in general.
- 58-7-188. Time limit for disposal of ineligible property and securities; effect of failure to dispose.
- 58-7-190: Repealed by Session Laws 1993, c. 452, s. 65.
- 58-7-192. Valuation of securities and investments.
- 58-7-193. Valuation of property.
- 58-7-195: Repealed by Session Laws 2003-212, s. 10, effective October 1, 2003.
- 58-7-197. Replacing certain assets; reporting certain liabilities.
- 58-7-198. Assets of foreign or alien insurers.
- 58-7-200. Investment transactions.
- 58-7-205. Derivative transactions.
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