N.C. Gen. Stat. § 58-44-45
Policy issued to husband or wife on joint property
Redline — June 1, 2021 → current.View current text →
Current — April 1, 2022
As of June 1, 2021
Any policy of fire insurance issued to husband or wife, on buildings and household furniture owned by the husband and wife, either by entirety, in common, or jointly, either name of one of the parties in interest named as the insured or beneficiary therein, shall be sufficient and the policy shall not be void for failure to disclose the interest of the other, unless it appears that in the procuring of the issuance of such policy, fraudulent means or methods were used by the insured or owner thereof.
Any policy of fire insurance issued to husband or wife, on buildings and household furniture owned by the husband and wife, either by entirety, in common, or jointly, either name of one of the parties in interest named as the insured or beneficiary therein, shall be sufficient and the policy shall not be void for failure to disclose the interest of the other, unless it appears that in the procuring of the issuance of such policy, fraudulent means or methods were used by the insured or owner thereof.
History
(1945, c. 378.)
Legal Periodicals. - For article on tenancy by the entirety in North Carolina, see 41 N.C.L. Rev. 67 (1962).
For survey of 1979 property law, see 58 N.C.L. Rev. 1509 (1980).
For note on innocent spouse's right to recover after husband's arson, see 17 Wake Forest L. Rev. 1022 (1981).
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.