§ 58-10-517 - Company to inform persons they are dealing with protected cell captive insurance company.

NC Gen Stat § 58-10-517 (2019) (N/A)
Copy with citation
Copy as parenthetical citation

58-10-517. Company to inform persons they are dealing with protected cell captive insurance company.

A protected cell captive insurance company shall inform any person with whom it transacts business that it is a protected cell captive insurance company, and for the purposes of that transaction, identify or specify the protected cell with which that person is transacting, unless that transaction is not a transaction with a particular protected cell, in which case it shall specify that the transaction is with the protected cell captive insurance company's core.