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Code · North Carolina · Chapter 58 — Insurance

§ 58-24-55. Institutions.

66 words·~1 min read·/nc/chapter-58/58-24-55

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§ 58-24-55. Institutions.
A society may create, maintain and operate, or may establish organizations to operate, not for profit institutions to further the purposes permitted by G.S. 58-24-20(a)(2). Such institutions may furnish services free or at a reasonable charge. Any real or personal property owned, held or leased by the society for this purpose shall be reported in every annual statement. (1987, c. 483, s. 2.)
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