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Code · North Carolina · Chapter 58 — Insurance

Article 25.

76 words·~1 min read·/nc/chapter-58/25

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Article 25.
Fraternal Orders.
§ 58-25-1. General insurance law not applicable.
Nothing in the general insurance laws, except such as apply to fraternal orders shall be construed to extend to benevolent associations incorporated under the laws of this State that only levy an assessment on the members to create a fund to pay the family of a deceased member and make no profit therefrom, and do not solicit business through agents. (1987, c. 483, s. 2.)
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