Unless otherwise provided in this Article, every fire, marine, or fire and marine insurance company chartered by any other state or foreign government shall make and maintain deposits of securities with the Commissioner in the amount of one hundred thousand dollars ($100,000) market value.
N.C. Gen. Stat. § 58-5-5
Amount of deposits required of foreign or alien fire and/or marine insurance companies
1909, c. 923, s. 1; 1911, c. 164, s. 1; Ex
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.