There is a newer version of the North Carolina General Statutes
2014 North Carolina General Statutes
Chapter 58 - Insurance.
Article 15 - Reciprocal Insurance.
§ 58-15-110 - Deposit in lieu of bond.
NC Gen Stat § 58-15-110 (2014) What's This?
58-15-110. Deposit in lieu of bond.
Instead of filing the bond required by G.S. 58-15-105, the attorney may maintain on deposit with the Commissioner an equal amount in cash or in value of securities of the kind specified in G.S. 58-5-20 and subject to the same conditions as the bond. (1989, c. 425, s. 1.)
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