N.C. Gen. Stat. § 58-47-115
Premium payment requirements
Redline — June 1, 2021 → current.View current text →
Current — April 1, 2022
As of June 1, 2021
Groups shall collect members' premiums for each policy period in a manner so that at no time the sum of a member's premium payments is less than the total estimated earned premium for that member.
Groups shall collect members’ premiums for each policy period in a manner so that at no time the sum of a member’s premium payments is less than the total estimated earned premium for that member.
History
(1997-362, s. 3.)
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.