This Article applies to all domestic insurers and to all kinds of insurance written by those insurers under Articles 1 through 68 of this Chapter. Foreign insurers shall comply in substance with the requirements and limitations of this Article. This Article does not apply to the following:
(1) Variable contracts or guaranteed investment contracts for which separate accounts are required to be maintained.(2) Statutory deposits that are required by insurance regulatory agencies to be maintained as a requirement for doing business in such jurisdictions.(3) Real estate, authorized under G.S. 58-7-187, encumbered by a mortgage loan with a first lien.N.C. Gen. Stat. § 58-13-10
Amended by 2002-187, s. 2.8, eff. 10/31/2002.Amended by 2001-223, s. 13.1, eff. 6/15/2001. 1985, c. 327, s. 1; 1991, c. 681, s. 30.2; 1993, c. 452, s. 25; 1993 Reg. Sess., 1994 , c. 678, s. 13; 1999-244, s. 4.