Section 58-50A-65 - Multiple employer welfare arrangements; license required; penalty(a) It is unlawful to operate, maintain, or establish a MEWA unless the MEWA has a valid license issued by the Commissioner. Any MEWA operating in this State without a valid license is an unauthorized insurer.(b)G.S. 58-50A-60 through G.S. 58-50A-95 do not apply to a MEWA that offers or provides benefits that are fully insured by an authorized insurer or to a MEWA that is exempt from state insurance regulation in accordance with the Employee Retirement Income Security Act of 1974, Public Law Number 43-406.N.C. Gen. Stat. § 58-50A-65
Renumbered from § 58-49-35 by 2019 N.C. Sess. Laws 202,s. 2-b, eff. 10/1/2019 and applies to contracts entered into, amended, or renewed on or after 1/1/2020.