{"data":{"id":"us-nc/n.c.-gen.-stat.-58-10-120","jurisdiction":"us-nc","citation":"N.C. Gen. Stat. § 58-10-120","heading":"Definitions.","body":"As used in this Part:\n(1)\t\"Mortgage guaranty insurers report of policyholders position\" means the supplementary report required by the Commissioner.\n(2)\t\"Policyholders position\" means the contingency reserve established under G.S. 58-10-135 and policyholders' surplus. \"Minimum policyholders position\" is calculated as described in G.S. 58-10-125.\n(3)\t\"Policyholders surplus\" means an insurer's net worth; the difference between its assets and liabilities, as reported in its annual statement. (2001-223, s. 11; 2005-215, s. 11.)","path":["Chapter 58. Insurance.","Article 10. Miscellaneous Insurer Financial Provisions.","Part 5. Mortgage Guaranty Insurance."],"source_url":"https://www.ncleg.gov/EnactedLegislation/Statutes/HTML/BySection/Chapter_58/GS_58-10-120.html","current_through":"S.L. 2026-30","vintage":"","retrieved_at":"2026-08-27T18:06:53Z","sha256":"70df42526a774faca00fe5db6a215b5d67c1e7212e88fa1930d8649572a1833e","source_id":"us-nc","stale":false,"prev":"us-nc/n.c.-gen.-stat.-58-10-110","next":"us-nc/n.c.-gen.-stat.-58-10-125"},"notice":"GroundRules: Original legal text. Not legal advice."}