No group long-term care insurance coverage may be offered to a resident of this State under a group policy issued in another state to a group described in G.S. 58-55-20(3)d, unless the Commissioner or the insurance regulator of the other state having statutory and regulatory long-term care insurance requirements substantially similar to those adopted in this State has made a determination that such requirements have been met.
N.C. Gen. Stat. § 58-55-25
Limits of group long-term care insurance
Known as the Long-Term Care Insurance Act
The act spans §§ 58–58 (16 sections).
1987, c. 331; 1991, c. 720, s. 44.
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.