A protected cell captive insurance company shall inform any person with whom it transacts business that it is a protected cell captive insurance company, and for the purposes of that transaction, identify or specify the protected cell with which that person is transacting, unless that transaction is not a transaction with a particular protected cell, in which case it shall specify that the transaction is with the protected cell captive insurance company's core.
N.C. Gen. Stat. § 58-10-517
Company to inform persons they are dealing with protected cell captive insurance company
Known as the North Carolina Captive Insurance Act
The act spans §§ 58-10-1 to 58-10-95 (145 sections).
2015-99, s. 1.
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.