A company that fails to provide a statement of actuarial opinion, actuarial opinion summary, actuarial report, or work papers within the time frame provided in the Commissioner's written request, is subject to the monetary penalties set forth in G.S. 58-2-70.
N.C. Gen. Stat. § 58-10-165
Monetary penalties for failure to provide documents
Known as the North Carolina Captive Insurance Act
The act spans §§ 58–58 (145 sections).
2007-127, s. 15.
Official source: North Carolina General Assembly. Reproduced from public-domain North Carolina statutes; confirm against the official source for the current text. Not legal advice.