§ 58-50A-55. Applicable provisions of this Chapter.
197 words·~1 min read·
/nc/chapter-58/58-50a-55A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
§ 58-50A-55. Applicable provisions of this Chapter.
(a)All of the following provisions of this Chapter apply to MEWAs licensed or administered under this Article:
(1)G.S. 58-2-190, Commissioner may require certain [special] reports.
(2)G.S. 58-3-150, Forms to be approved by Commissioner.
(3)G.S. 58-7-21, Credit allowed a domestic ceding insurer.
(4)G.S. 58-7-26, Asset or reduction from liability for reinsurance ceded by a domestic insurer to an assuming insurer not meeting the requirements of G.S. 58-7-21.
(5)G.S. 58-7-30, Insolvent ceding insurer.
(6)G.S. 58-7-46, Notification to Commissioner for president or chief executive officer changes.
(7)G.S. 58-7-73, Dissolution[s] of insurers.
(8)Article 12 of this Chapter, Risk-Based Capital Requirements.
(9)Part 1 of Article 53 of this Chapter, Continuation.
(b)This section shall neither serve as an exhaustive list of, nor shall it be construed to limit the applicability of, provisions of this Chapter that apply to MEWAs licensed or administered under this Article. If any provision of this Chapter or any other law applies to MEWAs licensed or administered under this Article but is not included in this section, then that provision or law shall have continued force and effect. (2024-57, s. 3G.1(b).)