GroundRules
N.C. Gen. Stat. § 58-15-70: Distribution to subscribers.
Where this section sits in the code
- Chapter 58. Insurance.
- Article 15. Reciprocal Insurance.
- Part 1. General Provisions.
A reciprocal may return to its subscribers any savings or credits accruing to their accounts. Any such distribution shall not unfairly discriminate between classes of risks or policies or between subscribers. However, the distribution may vary for classes of subscribers based upon the experience of those classes. (1989, c. 425, s. 1.)
Collected 2026-08-27T18:06:53Z. Source file · JSON