Statutes, codes, and regulations
General Statutes of North Carolina
Chapter 58 - INSURANCE
Article 5 - DEPOSITS AND BONDS BY INSURANCE COMPANIES
Section 58-5-5 - Amount of deposits required of foreign or alien fire and/or marine insurance companies

N.C. Gen. Stat. § 58-5-5

Download
PDF
Current through Session Law 2024-53
Section 58-5-5 - Amount of deposits required of foreign or alien fire and/or marine insurance companies

Unless otherwise provided in this Article, every fire, marine, or fire and marine insurance company chartered by any other state or foreign government shall make and maintain deposits of securities with the Commissioner in the amount of one hundred thousand dollars ($100,000) market value.

N.C. Gen. Stat. § 58-5-5

Amended by 2003 N.C. Sess. Laws 0212, s. 1, eff. 10/1/2003.
1909, c. 923, s. 1; 1911, c. 164, s. 1; Ex. Sess. 1913, c. 62, ss. 1, 2, 3; 1915, c. 166, s. 6; C.S., s. 6442; 1933, c. 60; 1945, c. 384; 1991, c. 681, s. 15.