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Code · North Carolina · Chapter 58 — Insurance

§ 58-35-70. Payments by insured without notice of assignment of agreement.

51 words·~1 min read·/nc/chapter-58/58-35-70

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§ 58-35-70. Payments by insured without notice of assignment of agreement.
Unless the insured has notice of actual or intended assignment of the insurance premium finance agreement, payment thereunder by him to the last known holder of the agreement shall be binding upon all subsequent holders or assignees. (1963, c. 1118.)
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