N.C. Gen. Stat. § 66-486

Current through Session Law 2024-58

Section 66-486 - Intent

Vehicle value protection agreements are not insurance and are exempt from the provisions of Chapter 58 of the General Statutes, as are persons administering, marketing, selling, or offering to sell vehicle value protection agreements to consumers. All vehicle value protection agreements issued prior to and after the date of enactment of this Article shall not be construed as insurance.

N.C. Gen. Stat. § 66-486

Added by 2021 N.C. Sess. Laws 172,s. 3, eff. 1/1/2022, and applicable to agreements entered into on or after that date.