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Code · North Carolina · Chapter 58 — Insurance

§ 58-64A-380. Examination.

158 words·~1 min read·/nc/chapter-58/58-64a-380

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§ 58-64A-380. Examination.
(a)The Commissioner or the Commissioner's designee may, in the Commissioner's discretion, visit a provider offering continuing care in this State to examine its books and records. Expenses incurred by the Commissioner in conducting examinations under this section shall be paid by the provider examined.
(b)The provisions of G.S. 58-2-131, 58-2-132, 58-2-133, 58-2-134, 58-2-155, 58-2-180, 58-2-185, and 58-6-5 apply to this Article and are hereby incorporated by reference.
(c)If a provider relies on a contractual or financial relationship with another person in order to meet the financial requirements of this Article, the Commissioner or the Commissioner's designee may examine the person that has a contractual or financial relationship with the provider to the extent necessary to ascertain the financial condition of the provider.
(d)A provider shall make a copy of the examination report issued by the Commissioner available for inspection by all residents within 10 business days after issuance. (2025-58, s. 2.)
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