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Code · North Carolina · Chapter 58 — Insurance

§ 58-15-110. Deposit in lieu of bond.

56 words·~1 min read·/nc/chapter-58/58-15-110

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§ 58-15-110. Deposit in lieu of bond.
Instead of filing the bond required by G.S. 58-15-105, the attorney may maintain on deposit with the Commissioner an equal amount in cash or in value of securities of the kind specified in G.S. 58-5-20 and subject to the same conditions as the bond. (1989, c. 425, s. 1.)
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