N.C. Gen. Stat. § 58-33A-70

Current through Session Law 2024-56
Section 58-33A-70 - Escrow or trust accounts

A public adjuster who receives, accepts, or holds any funds on behalf of an insured, toward the settlement of a claim for loss or damage, shall deposit the funds in a noninterest-bearing escrow or trust account in a financial institution that is insured by an agency of the federal government in the public adjuster's home state or where the loss occurred.

N.C. Gen. Stat. § 58-33A-70

Added by 2009 N.C. Sess. Laws 565,s. 1, eff. 7/1/2010.