An insurer may have funds in coin or currency of the United States on hand or on deposit in any solvent national or state bank, savings and loan association, credit union, or trust company.
N.C. Gen. Stat. § 58-7-172
Cash and deposits
1991, c. 681, s. 29; 2011-221, s. 5.
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.