2014 North Carolina General Statutes
Chapter 58 - Insurance.
Article 10 - Miscellaneous Insurer Financial Provisions.
§ 58-10-355 - Organizational examination.
58-10-355. Organizational examination.
In addition to the processing of the application, an organizational investigation or examination may be performed before an applicant is licensed. Such investigation or examination shall consist of a general survey of the applicant's corporate records, including charters, bylaws, and minute books; verification of capital and surplus; verification of principal place of business; determination of assets and liabilities; and a review of such other factors as the Commissioner deems necessary. (2013-116, s. 1.)
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