11 N.C. Admin. Code 7.0101

Current through Register Vol. 39, No. 9, November 1, 2024

Section 07 .0101 - DEFINITIONS

The following definitions shall apply for this division:

(1) "Agent of Record" shall mean that insurance agent or agents authorized to represent the North Carolina Department of Insurance in procurement of insurance for North Carolina agencies.

(2) "Self-liquidating buildings" shall mean buildings using their own revenues to retire their obligations.

(3) "Special Fund Agencies" shall mean departments or agencies that receive their operating revenue from sources other than the general fund.

11 N.C. Admin. Code 07 .0101

Authority G.S. 58-2-40; 58-31-10;
Eff. February 1, 1976;
Readopted Eff. May 12, 1978;
Amended Eff. October 1, 1988;
Pursuant to G.S. 150B-21.3A, rule is necessary without substantive public interest Eff. January 19, 2019.

Authority G.S. 58-2-40; 58-31-10;
Eff. February 1, 1976;
Readopted Eff. May 12, 1978;
Amended Eff. October 1, 1988.