There is a newer version of the North Carolina General Statutes
2014 North Carolina General Statutes
Chapter 58 - Insurance.
Article 73 - Bonds in Surety Company.
§ 58-73-15 - Release of company from liability.
NC Gen Stat § 58-73-15 (2014) What's This?
58-73-15. Release of company from liability.
A company executing such bond, obligation or undertaking, may be released from its liability or security on the same terms as are or may be by law prescribed for the release of individuals upon any such bonds, obligations or undertakings. (1899, c. 54, s. 48; Rev., s. 274; C.S., s. 341.)
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