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Code · North Carolina · Chapter 58 — Insurance

§ 58-33-60. Countersignature and related laws.

80 words·~1 min read·/nc/chapter-58/58-33-60

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§ 58-33-60. Countersignature and related laws.
Subject to the retaliatory provisions of G.S. 58-33-30(i), there shall be no requirement that a licensed resident insurance producer must countersign, solicit, transact, take, accept, deliver, record, or process in any manner an application, policy, contract, or any other form of insurance on behalf of a nonresident insurance producer or an authorized insurer; or share in the payment of commissions, if any, related to such business. (1987, c. 629, s. 1; 2022-46, s. 13(a).)
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