{"data":{"id":"us-nc/n.c.-gen.-stat.-58-15-5","jurisdiction":"us-nc","citation":"N.C. Gen. Stat. § 58-15-5","heading":"Definitions.","body":"As used in this Article:\n(1)\t\"Attorney\" means the person designated and authorized by subscribers as the attorney-in-fact having authority to obligate them on reciprocal and other insurance contracts.\n(2)\t\"License\" means a license to transact the business of insurance in this State, issued by the Commissioner.\n(3)\tIn addition to the meaning of the term as defined in G.S. 12-3(6) and G.S. 58-1-5(9), \"person\" means any county, city, school board, hospital authority, or any other local governmental authority or local agency or public service corporation owned, operated or controlled by a local government or local government authority, that has the power to enter into contractual undertakings within or without the State.\n(4)\t\"Reciprocal\" means an aggregation of subscribers under a common name.\n(5)\t\"Reciprocal insurance\" means insurance resulting from the mutual exchange of insurance contracts among persons in an unincorporated association under a common name through an attorney-in-fact having authority to obligate each person both as insured and insurer.\n(6)\t\"Subscriber\" means a person obligated under a reciprocal insurance agreement. (1989, c. 425, s. 1; 1991, c. 720, s. 15; 1999-132, s. 9.1.)","path":["Chapter 58. Insurance.","Article 15. Reciprocal Insurance.","Part 1. General Provisions."],"source_url":"https://www.ncleg.gov/EnactedLegislation/Statutes/HTML/BySection/Chapter_58/GS_58-15-5.html","current_through":"S.L. 2026-30","vintage":"","retrieved_at":"2026-08-27T18:06:53Z","sha256":"8d5cba91ab4676096beaa57b029248a4c83485e3a338768e818e272f63790f57","source_id":"us-nc","stale":false,"prev":"us-nc/n.c.-gen.-stat.-58-15-1","next":"us-nc/n.c.-gen.-stat.-58-15-10"},"notice":"GroundRules: Original legal text. Not legal advice."}