N.C. Gen. Stat. § 58-93-120
Other laws applicable to PHPs
Redline — June 1, 2021 → current.View current text →
Current — April 1, 2022
As of June 1, 2021
The following provisions of this Chapter are applicable to PHPs in the manner in which they are applicable to insurers:
The following provisions of this Chapter are applicable to PHPs in the manner in which they are applicable to insurers:
(1) G.S. 58-2-131, Examinations to be made; authority, scope, scheduling, and conduct of examinations.
(1) G.S. 58-2-131, Examinations to be made; authority, scope, scheduling, and conduct of examinations.
(2) G.S. 58-2-132, Examination reports.
(2) G.S. 58-2-132, Examination reports.
(3) G.S. 58-2-133, Conflict of interest; cost of examinations; immunity from liability.
(3) G.S. 58-2-133, Conflict of interest; cost of examinations; immunity from liability.
(4) G.S. 58-2-134, Cost of certain examinations.
(4) G.S. 58-2-134, Cost of certain examinations.
(5) G.S. 58-2-150, Oath required for compliance with law.
(5) G.S. 58-2-150, Oath required for compliance with law.
(6) G.S. 58-2-155, Investigation of charges.
(6) G.S. 58-2-155, Investigation of charges.
(7) G.S. 58-2-160, Reporting and investigation of insurance and reinsurance fraud and the financial condition of licensees; immunity from liability.
(7) G.S. 58-2-160, Reporting and investigation of insurance and reinsurance fraud and the financial condition of licensees; immunity from liability.
(8) G.S. 58-2-162, Embezzlement by insurance agents, brokers, or administrators.
(8) G.S. 58-2-162, Embezzlement by insurance agents, brokers, or administrators.
(9) G.S. 58-2-165, Annual, semiannual, monthly, or quarterly statements to be filed with Commissioner.
(9) G.S. 58-2-165, Annual, semiannual, monthly, or quarterly statements to be filed with Commissioner.
(10) G.S. 58-2-185, Record of business kept by companies and agents; Commissioner may inspect.
(10) G.S. 58-2-185, Record of business kept by companies and agents; Commissioner may inspect.
(11) G.S. 58-2-190, Commissioner may require special reports.
(11) G.S. 58-2-190, Commissioner may require special reports.
(12) G.S. 58-2-195, Commissioner may require records, reports, etc., for agencies, agents, and others.
(12) G.S. 58-2-195, Commissioner may require records, reports, etc., for agencies, agents, and others.
(13) G.S. 58-2-200, Books and papers required to be exhibited.
(13) G.S. 58-2-200, Books and papers required to be exhibited.
(14) G.S. 58-2-205, CPA audits of financial statements.
(14) G.S. 58-2-205, CPA audits of financial statements.
(15) G.S. 58-7-21, Credit allowed a domestic ceding insurer.
(15) G.S. 58-7-21, Credit allowed a domestic ceding insurer.
(16) G.S. 58-7-26, Asset or reduction from liability for reinsurance ceded by a domestic insurer to an assuming insurer not meeting the requirements of G.S. 58-7-21.
(16) G.S. 58-7-26, Asset or reduction from liability for reinsurance ceded by a domestic insurer to an assuming insurer not meeting the requirements of G.S. 58-7-21.
(17) G.S. 58-7-30, Insolvent ceding insurer.
(17) G.S. 58-7-30, Insolvent ceding insurer.
(18) G.S. 58-7-31, Life and health reinsurance agreements.
(18) G.S. 58-7-31, Life and health reinsurance agreements.
(19) G.S. 58-7-46, Notification to Commissioner for president or chief executive officer changes.
(19) G.S. 58-7-46, Notification to Commissioner for president or chief executive officer changes.
(20) G.S. 58-7-73, Dissolution of insurers.
(20) G.S. 58-7-73, Dissolution of insurers.
(21) G.S. 58-7-160, Investments unlawfully acquired.
(21) G.S. 58-7-160, Investments unlawfully acquired.
(22) G.S. 58-7-162, Allowed or admitted assets.
(22) G.S. 58-7-162, Allowed or admitted assets.
(23) G.S. 58-7-163, Assets not allowed.
(23) G.S. 58-7-163, Assets not allowed.
(24) G.S. 58-7-165, Eligible investments.
(24) G.S. 58-7-165, Eligible investments.
(25) G.S. 58-7-167, General qualifications.
(25) G.S. 58-7-167, General qualifications.
(26) G.S. 58-7-168, Authorization of investment.
(26) G.S. 58-7-168, Authorization of investment.
(27) G.S. 58-7-170, Diversification.
(27) G.S. 58-7-170, Diversification.
(28) G.S. 58-7-172, Cash and deposits.
(28) G.S. 58-7-172, Cash and deposits.
(29) G.S. 58-7-173, Permitted insurer investments.
(29) G.S. 58-7-173, Permitted insurer investments.
(30) G.S. 58-7-179, Mortgage loans.
(30) G.S. 58-7-179, Mortgage loans.
(31) G.S. 58-7-180, Chattel mortgages.
(31) G.S. 58-7-180, Chattel mortgages.
(32) G.S. 58-7-183, Special consent investments.
(32) G.S. 58-7-183, Special consent investments.
(33) G.S. 58-7-185, Prohibited investments and investment underwriting.
(33) G.S. 58-7-185, Prohibited investments and investment underwriting.
(34) G.S. 58-7-188, Time limit for disposal of ineligible property and securities; effect of failure to dispose.
(34) G.S. 58-7-188, Time limit for disposal of ineligible property and securities; effect of failure to dispose.
(35) G.S. 58-7-192, Valuation of securities and investments.
(35) G.S. 58-7-192, Valuation of securities and investments.
(36) G.S. 58-7-193, Valuation of property.
(36) G.S. 58-7-193, Valuation of property.
(37) G.S. 58-7-197, Replacing certain assets; reporting certain liabilities.
(37) G.S. 58-7-197, Replacing certain assets; reporting certain liabilities.
(38) G.S. 58-7-200, Investment transactions.
(38) G.S. 58-7-200, Investment transactions.
(39) G.S. 58-7-205, Derivative transactions.
(39) G.S. 58-7-205, Derivative transactions.
(40) Article 5, Deposits and Bonds by Insurance Companies.
(40) Article 5, Deposits and Bonds by Insurance Companies.
(41) Part 7 of Article 10, Annual Financial Reporting.
(41) Part 7 of Article 10, Annual Financial Reporting.
(42) Article 12, Risk-Based Capital Requirements.
(42) Article 12, Risk-Based Capital Requirements.
(43) Article 13, Asset Protection Act.
(43) Article 13, Asset Protection Act.
(44) Article 19, Insurance Holding Company System Regulatory Act.
(44) Article 19, Insurance Holding Company System Regulatory Act.
History
(2018-49, s. 1(a); 2019-179, s. 9(f).)
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.