{"data":{"id":"us-nc/n.c.-gen.-stat.-58-10-355","jurisdiction":"us-nc","citation":"N.C. Gen. Stat. § 58-10-355","heading":"Organizational audit.","body":"In addition to the processing of the application, an organizational audit may be performed before an applicant business entity is licensed. Such investigation or audit shall consist of a general review of the applicant business entity's corporate records, including charters, bylaws, and minute books; verification of capital and surplus; verification of principal place of business; determination of assets and liabilities; and a review of such other factors as the Commissioner deems necessary. (2013-116, s. 1; 2015-99, s. 1; 2016-78, s. 4.1(e); 2018-120, s. 5.1(b).)","path":["Chapter 58. Insurance.","Article 10. Miscellaneous Insurer Financial Provisions.","Part 9. Captive Insurance Companies."],"source_url":"https://www.ncleg.gov/EnactedLegislation/Statutes/HTML/BySection/Chapter_58/GS_58-10-355.html","current_through":"S.L. 2026-30","vintage":"","retrieved_at":"2026-08-27T18:06:53Z","sha256":"eae37719ac393ba63b309f15e80a16f0df32ad4880a40993fad2baf9b0606804","source_id":"us-nc","stale":false,"prev":"us-nc/n.c.-gen.-stat.-58-10-350","next":"us-nc/n.c.-gen.-stat.-58-10-360"},"notice":"GroundRules: Original legal text. Not legal advice."}