2005 North Carolina Code - General Statutes § 58-13-10. Scope.

§ 58‑13‑10.  Scope.

This Article applies to all domestic insurers and to all kinds of insurance written by those insurers under Articles 1 through 68 of this Chapter. Foreign insurers shall comply in substance with the requirements and limitations of this Article. This Article does not apply to the following:

(1)       Variable contracts or guaranteed investment contracts for which separate accounts are required to be maintained.

(2)       Statutory deposits that are required by insurance regulatory agencies to be maintained as a requirement for doing business in such jurisdictions.

(3)       Real estate, authorized under G.S. 58‑7‑187, encumbered by a mortgage loan with a first lien. (1985, c. 327, s. 1; 1991, c. 681, s. 30.2; 1993, c. 452, s. 25; 1993 (Reg. Sess., 1994), c. 678, s. 13; 1999‑244, s. 4; 2001‑223, s. 13.1; 2002‑187, s. 2.8.)