11 N.C. Admin. Code 11C.0602

Current through Register Vol. 39, No. 9, November 1, 2024

Section 11C .0602 - APPLICABILITY

G.S. 58-7-162(6) applies when a person solely or in combination with the person's affiliates owes, in any two of three consecutive months, an insurer an amount that exceeds five percent of the insurer's total premiums in course of collection.

11 N.C. Admin. Code 11C .0602

Authority G.S. 58-2-40; 58-7-162;
Eff. April 1, 1993;
Pursuant to G.S. 150B-21.3A, rule is necessary without substantive public interest Eff. December 20, 2015.

Authority G.S. 58-2-40; 58-7-162;
Eff. April 1, 1993.