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Code · North Carolina · Chapter 58 — Insurance

§ 58-88-30. Administration costs.

82 words·~1 min read·/nc/chapter-58/58-88-30

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§ 58-88-30. Administration costs.
The Association shall withhold twelve percent (12%) from the money received pursuant to G.S. 20-183.7(c) for the administration of the Fund. The Commissioner of Insurance, in consultation with the State Fire Marshal, shall withhold two percent (2%) from the money received pursuant to G.S. 20-183.7(c) for the administration of the Fund. (1987, c. 584, s. 5; 1989 (Reg. Sess., 1990), c. 1066, s. 33(d); 1991 (Reg. Sess., 1992), c. 943, s. 3; 2008-107, s. 29.9(a); 2023-151, s. 11.53.)
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