{"data":{"id":"us-nc/n.c.-gen.-stat.-58-30-115","jurisdiction":"us-nc","citation":"N.C. Gen. Stat. § 58-30-115","heading":"Dissolution of insurer.","body":"The Commissioner may petition for an order dissolving the corporate existence of a domestic insurer or the United States branch of an alien insurer domiciled in this State at the time he applies for a liquidation order. The Court shall order dissolution of the corporation upon petition by the Commissioner upon or after the granting of a liquidation order. If the dissolution has not previously been ordered, it shall be effected by operation of law upon the discharge of the liquidator if the insurer is under a liquidation order for some other reason. (1989, c. 452, s. 1.)","path":["Chapter 58. Insurance.","Article 30. Insurers Supervision, Rehabilitation, and Liquidation."],"source_url":"https://www.ncleg.gov/EnactedLegislation/Statutes/HTML/BySection/Chapter_58/GS_58-30-115.html","current_through":"S.L. 2026-30","vintage":"","retrieved_at":"2026-08-27T18:06:53Z","sha256":"77014cb695452f0d80f6588d44c78ab5ef913e1d457fbbbba8941e5fb1b24b37","source_id":"us-nc","stale":false,"prev":"us-nc/n.c.-gen.-stat.-58-30-110","next":"us-nc/n.c.-gen.-stat.-58-30-120"},"notice":"GroundRules: Original legal text. Not legal advice."}