N.C. Gen. Stat. § 58-72-5: Penalty for officer acting without bond.
Where this section sits in the code
- Chapter 58. Insurance.
- Article 72. Official Bonds.
Every person or officer of whom an official bond is required, who presumes to discharge any duty of his office before executing such bond in the manner prescribed by law, is liable to a forfeiture of five hundred dollars ($500.00) to the use of the State for each attempt so to exercise his office. The clear proceeds of forfeitures provided for in this section shall be remitted to the Civil Penalty and Forfeiture Fund in accordance with G.S. 115C-457.2. (R.C., c. 78, s. 8; Code, s. 1882; Rev., s. 278; C.S., s. 325; 1998-215, s. 91.)
Collected 2026-08-27T18:06:53Z. Source file · JSON