{"data":{"id":"us-nc/n.c.-gen.-stat.-58-15-50","jurisdiction":"us-nc","citation":"N.C. Gen. Stat. § 58-15-50","heading":"Contracts and property.","body":"A reciprocal may enter into contracts and acquire, hold title to, and convey property in its business name. All contracts of a reciprocal, including its insurance contracts, shall be executed on behalf of the reciprocal by the attorney of the reciprocal. (1989, c. 425, s. 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_58-15-50.html","current_through":"S.L. 2026-30","vintage":"","retrieved_at":"2026-08-27T18:06:53Z","sha256":"c1d153af01c791b64c7e6295e9d6366fedc12a9719599c5b604b31cceaffca61","source_id":"us-nc","stale":false,"prev":"us-nc/n.c.-gen.-stat.-58-15-45","next":"us-nc/n.c.-gen.-stat.-58-15-55"},"notice":"GroundRules: Original legal text. Not legal advice."}