Laws of North Carolina (Last Updated: May 12, 2015) |
Chapter58. Insurance. |
Article58. Life Insurance and Viatical Settlements |
Part 1. General Provisions |
§ 58-58-1. Definitions; requisites of contract |
§ 58-58-5. Industrial life insurance defined |
§ 58-58-10. Credit life insurance defined |
§ 58-58-15. Any type of survivorship fund in life insurance contract prohibited |
§ 58-58-20. Tie-in sales with life insurance prohibited |
§ 58-58-22. Individual policy standard provisions |
§ 58-58-23. Standard provisions for annuity and pure endowment contracts |
§ 58-58-25. Policies to be issued to any person possessing the sickle cell trait or hemoglobin C trait |
§ 58-58-30. Soliciting agent represents the company |
§ 58-58-35. Discrimination between insurants forbidden |
§ 58-58-40. Misrepresentations of policy forbidden |
§ 58-58-42. Repealed by Session Laws 2001-436, s. 5 |
Part 2. Financial Provisions |
§ 58-58-45. Financial Provisions |
§ 58-58-50. Standard Valuation Law |
§ 58-58-55. Standard nonforfeiture provisions |
§ 58-58-60. Repealed by Session Laws 2003-144, s. 2, effective October 1, 2004 |
§ 58-58-61. Standard nonforfeiture law for individual deferred annuities |
§ 58-58-65. Reinsurance of companies regulated |
Part 3. Insurable Interests and Other Rights |
§ 58-58-70. Insurable interest as between stockholders, partners, etc |
§ 58-58-75. Insurable interest in life and physical ability of employee or agent |
§ 58-58-80. Insurable interest in life and physical ability of partner |
§ 58-58-85. Insurable interest in life of person covered by pension plan |
§ 58-58-86. Insurable interest of charitable organizations |
§ 58-58-90. Construction |
§ 58-58-95. Rights of beneficiaries |
§ 58-58-97. Provision of life insurance information upon notification of insured's death |
§ 58-58-100. Minors may enter into insurance or annuity contracts and have full rights, powers and privileges thereunder |
§ 58-58-105. Renunciation |
§ 58-58-110. Interest payments on death benefits |
§ 58-58-115. Creditors deprived of benefits of life insurance policies except in cases of fraud |
§ 58-58-120. Notice of nonpayment of premium required before forfeiture |
Part 4. Miscellaneous Provisions |
§ 58-58-125. Minimum premium rates for assessment life insurance companies |
§ 58-58-130. Distribution of surplus in mutual companies |
§ 58-58-135. "Group life insurance" defined |
§ 58-58-140. Group life insurance standard provisions |
§ 58-58-141. Portability of group life insurance |
§ 58-58-145. Group annuity contracts defined; requirements; issuance of individual certificates |
§ 58-58-146. Application for annuities required |
§ 58-58-147. Surrender fees on death benefits |
§ 58-58-150. Employee life insurance defined |
§ 58-58-155. Assignment of interest in group policies and annuity contracts |
§ 58-58-160. Voting power under policies of group life insurance |
§ 58-58-165. Exemption from execution |
§ 58-58-170. Contestability after reinstatement |
§§ 58-58-175 through 58-58-195. Reserved for future codification purposes |
Part 5. Viatical Settlements |
§ 58-58-200. Short title |
§ 58-58-205. Definitions |
§ 58-58-210. License requirements |
§ 58-58-215. License revocation and denial |
§ 58-58-220. Approval of viatical settlement contracts and disclosure statements |
§ 58-58-225. Reporting requirements and privacy |
§ 58-58-230. Examinations |
§ 58-58-235. Record retention requirements |
§ 58-58-240. Investigative authority of the Commissioner |
§ 58-58-245. Disclosure |
§ 58-58-250. General rules |
§ 58-58-255. Prohibited practices |
§ 58-58-260. Advertising for viatical settlements |
§ 58-58-265. Fraudulent viatical settlement acts, interference, and participation of convicted felons prohibited |
§ 58-58-267. Fraud warning required |
§ 58-58-268. Viatical settlement antifraud initiatives |
§ 58-58-270. Report to Commissioner |
§ 58-58-275. Reporting and investigation of suspected viatical settlement fraudulent acts; immunity from liability |
§ 58-58-280. Confidentiality |
§ 58-58-285. Other law enforcement or regulatory authority |
§ 58-58-290. Injunctions; civil remedies; cease and desist orders |
§ 58-58-295. Unfair trade practices |
§ 58-58-300. Authority to adopt rules |
§ 58-58-305. Jurisdictional limitations |
§ 58-58-310. Effective date |
Part 6. Dishonest and Predatory Sales to Military Personnel |
§ 58-58-320. Purpose |
§ 58-58-325. Scope |
§ 58-58-330. Exemptions |
§ 58-58-335. Definitions |
§ 58-58-340. Practices declared false, misleading, deceptive, or unfair on a military installation |
§ 58-58-345. Practices declared false, misleading, deceptive, or unfair regardless of location |
§ 58-58-350. Procedures and sanctions |