GroundRules
N.C. Gen. Stat. § 58-10-700: Purpose and scope.
Where this section sits in the code
- Chapter 58. Insurance.
- Article 10. Miscellaneous Insurer Financial Provisions.
- Part 10. Risk Management and Own Risk and Solvency Assessment.
(a) The purpose of this Part is to establish the requirements for maintaining a risk management framework and completing an Own Risk and Solvency Assessment (ORSA) and to establish guidance and instructions for filing an ORSA Summary Report with the Commissioner.
(b) The requirements of this Part shall apply to all insurers domiciled in this State unless exempt pursuant to G.S. 58-10-725. (2017-136, s. 1.)
Collected 2026-08-27T18:06:53Z. Source file · JSON