There is a newer version of the North Carolina General Statutes
2005 North Carolina Code - General Statutes § 58-7-198. Assets of foreign or alien insurers.
§ 58‑7‑198. Assets of foreign or alien insurers.
The Commissioner may refuse a new or renewal license to any foreign or alien insurer upon finding that its assets do not comply in substance with the investment requirements and limitations imposed by this Chapter upon like domestic insurers whenever authorized to do the same kinds of insurance business. (1991, c. 681, s. 29.)
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