Upon receipt by the company of a risk which it does not elect to retain, the company shall follow such procedures for ceding the risk as are established by the plan of operation.
N.C. Gen. Stat. § 58-37-45
Procedure for cession provided in plan of operation
1973, c. 818, s. 1; 1977, c. 828, s. 22.
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.