N.C. Gen. Stat. § 58-10-360

Current through Session Law 2024-53
Section 58-10-360 - Designation of captive manager

Before licensing, the applicant business entity shall report in writing to the Commissioner the name and address of the captive manager designated to manage the captive insurance company. The Commissioner shall approve the captive manager and may require the submission of additional information regarding the proposed captive manager in a form and manner as the Commissioner may designate. All licensed captive insurance companies shall, at all times, be managed by a captive manager approved by the Commissioner.

N.C. Gen. Stat. § 58-10-360

Amended by 2022 N.C. Sess. Laws 7,s. 6, eff. 6/14/2022.
Amended by 2015 N.C. Sess. Laws 99,s. 1, eff. 6/19/2015.
Amended by 2014 N.C. Sess. Laws 65,s. 3, eff. 7/1/2014.
Added by 2013 N.C. Sess. Laws 116,s. 1, eff. 7/1/2013.