{"data":{"id":"us-nc/n.c.-gen.-stat.-58-22-45","jurisdiction":"us-nc","citation":"N.C. Gen. Stat. § 58-22-45","heading":"Restriction on insurance purchased by purchasing groups.","body":"(a)\tA purchasing group may not purchase insurance from a risk retention group that is not chartered in a state nor from an insurer not admitted in the state in which the purchasing group is located, unless the purchase is effected through a licensed producer acting pursuant to the surplus lines laws and regulations of such state.\n(b)\tA purchasing group that obtains liability insurance from a nonadmitted insurer or from a risk retention group shall provide each member of the purchasing group that has a risk resident or located in this State with the notice specified in G.S. 58-21-45(f) or G.S. 58-22-20(7), whichever is applicable.\n(c)\tNo purchasing group may purchase insurance that provides for a deductible or for a self-insured retention applicable to the group as a whole; provided, however, that coverage may provide for a deductible or for self-insured retention applicable to members of the group. (1987, c. 310, s. 1; c. 727, s. 11; 2022-46, s. 14(bb).)","path":["Chapter 58. Insurance.","Article 22. Liability Risk Retention."],"source_url":"https://www.ncleg.gov/EnactedLegislation/Statutes/HTML/BySection/Chapter_58/GS_58-22-45.html","current_through":"S.L. 2026-30","vintage":"","retrieved_at":"2026-08-27T18:06:53Z","sha256":"3ec04d739ea5df49ba559a75f804c3d12ab88a363927e9757ce0dbdda5f8e96d","source_id":"us-nc","stale":false,"prev":"us-nc/n.c.-gen.-stat.-58-22-40","next":"us-nc/n.c.-gen.-stat.-58-22-50"},"notice":"GroundRules: Original legal text. Not legal advice."}