N.C. Gen. Stat. § 58-7-73

Current through Session Law 2024-58
Section 58-7-73 - Dissolutions of insurers

Upon reaching a determination of intent to dissolve and before filing articles of dissolution with the Office of the Secretary of State, a domestic insurer organized under this Chapter shall file a plan of dissolution for approval by the Commissioner. At such time the Commissioner may restrict the license of the insurer. In order to proceed with a dissolution, the plan must be approved by the Commissioner.

N.C. Gen. Stat. § 58-7-73

Added by 2002-187, s. 2.4, eff. 10/31/2002.