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Code · North Carolina · Chapter 58 — Insurance

§ 58-7-198. Assets of foreign or alien insurers.

62 words·~1 min read·/nc/chapter-58/58-7-198

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§ 58-7-198. Assets of foreign or alien insurers.
The Commissioner may refuse a new or renewal license to any foreign or alien insurer upon finding that its assets do not comply in substance with the investment requirements and limitations imposed by this Chapter upon like domestic insurers whenever authorized to do the same kinds of insurance business. (1991, c. 681, s. 29.)
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