Laws of North Carolina (Last Updated: May 12, 2015) |
Chapter58. Insurance. |
Article47. Workers' Compensation Self-Insurance |
Part2. Third-Party Administrators and Service Companies For Individual And Group Self-insurers |
§58-47-205. Other requirements
Latest version.
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(a) A TPA or service company, or any owner, officer, employee, or agent of a TPA or service company, or any other person affiliated with or related to the TPA or service company shall not:
(1) Serve as a trustee of a self-insurer.
(2) Make a contribution to the surplus of a self-insurer.
(b) Each TPA or service company shall make available for inspection by the Commissioner copies of all contracts with persons using the services of the TPA.
(1997-362, s. 3; 2009-172, s. 4.)