11 N.C. Admin. Code 4.0429

Current through Register Vol. 38, No. 20, April 15, 2024

Section 04 .0429 - COMMINGLING

The accounting records maintained by agents, brokers, and limited representatives shall be separate and apart from any other business records and demonstrate at all times that collected funds due to insurers and return premiums due to policyholders are available at all times.

11 N.C. Admin. Code 04 .0429

Authority G.S. 58-2-40; 58-2-195;
Eff. February 1, 1993;
Amended Eff. February 1, 1996;
Readopted Eff. December 1, 2021.

Authority G.S. 58-2-40; 58-2-195;
Eff. February 1, 1993;
Amended Eff. February 1, 1996.

Readopted by North Carolina Register Volume 36, Issue 13, January 3, 2022 effective 12/1/2021.