There is a newer version of the North Carolina General Statutes
2014 North Carolina General Statutes
Chapter 58 - Insurance.
Article 15 - Reciprocal Insurance.
§ 58-15-70 - Distribution to subscribers.
NC Gen Stat § 58-15-70 (2014) What's This?
58-15-70. Distribution to subscribers.
A reciprocal may return to its subscribers any savings or credits accruing to their accounts. Any such distribution shall not unfairly discriminate between classes of risks or policies or between subscribers. However, the distribution may vary for classes of subscribers based upon the experience of those classes. (1989, c. 425, s. 1.)
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