2015 North Carolina General Statutes
Chapter 58 - Insurance.
Article 5 - Deposits and Bonds by Insurance Companies.
§ 58-5-15 - Minimum deposit required upon admission.

NC Gen Stat § 58-5-15 (2015) What's This?

58-5-15. Minimum deposit required upon admission.

Upon admission to do business in the State of North Carolina every foreign or alien fire, marine, or fire and marine, fidelity, surety or casualty company shall deposit with the Commissioner securities in the amounts required under G.S. 58-5-5 and G.S. 58-5-10. (1945, c. 384; 1991, c. 681, s. 17; 2001-487, s. 18.)


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