Chapter 29C - Life And Health Insurance Guaranty Association

Chapter 29C - Life And Health Insurance Guaranty Association

§ 58-29C-1 to 58-29C-43. Repealed.
§ 58-29C-44 Short title.
§ 58-29C-45 Purpose of chapter--Creation of association.
§ 58-29C-46 Persons provided with coverage--Policies and portions of policies not covered.
§ 58-29C-47 Construction of chapter.
§ 58-29C-48 Definitions.
§ 58-29C-49 Continuation of association--Membership--Function and organization--Accounts--Supervision--Meetings.
§ 58-29C-50 Board of directors--Appointment and term--Vacancies--Compensation.
§ 58-29C-51 Actions authorized if member is impaired or insolvent.
§ 58-29C-52 Funding provided by assessment of members--Classification of assessments--Amounts of assessments--Abatements--Refunds.
§ 58-29C-53 Plan of operation--Effective date--Requirements--Delegation of powers.
§ 58-29C-54 Duties and powers of director.
§ 58-29C-55 Detection and prevention of insurer insolvencies or impairments--Reports by board.
§ 58-29C-56 Member assessment as offset against premium tax liability.
§ 58-29C-57 Liability for unpaid assessment not reduced for impaired or insolvent insurer--Records of meetings--Association as creditor of impaired or insolvent insurer--Liquidation, rehabilitation, or conservation proceedings.
§ 58-29C-58 Association subject to regulation by director--Financial report.
§ 58-29C-59 Association's tax exemption status.
§ 58-29C-60 No liability for performance of powers and duties of association or its members.
§ 58-29C-61 Stay of proceedings against insolvent insurer--Default judgment set aside.
§ 58-29C-62 Use of existence of association for sales, solicitation, or inducement to purchase insurance prohibited--Summary document of purposes and limitations of chapter--Disclaimer.

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