{"data":{"id":"us-nc/n.c.-gen.-stat.-58-33-82.1","jurisdiction":"us-nc","citation":"N.C. Gen. Stat. § 58-33-82.1","heading":"Exchange of business.","body":"(a)\tProducers may exchange business, and split the commission involved with that business, if the producer forwarding the business and the producer receiving the business both:\n(1)\tAre licensed in all lines of insurance involved in the exchange and appointed as required by this Article.\n(2)\tSign or include their National Producer Numbers on the insurer's insurance application and provide written or electronic notice to the insurer and consumer of the business exchange.\n(3)\tHave a good-faith belief that the exchange of business complies with the requirements of this Article.\n(b)\tThis section does not limit:\n(1)\tThe exchange of business in connection with specialty lines or nonstandard and professional liability business that is either:\na.\tPlaced through a surplus lines producer; or\nb.\tWritten at an excess rate or on an individually rated and risked basis.\n(2)\tThe exchange of business in connection with risk sharing plans. (2025-45, s. 7(c).)","path":["Chapter 58. Insurance.","Article 33. Licensing of Insurance Producers, Limited Representatives, and Adjusters."],"source_url":"https://www.ncleg.gov/EnactedLegislation/Statutes/HTML/BySection/Chapter_58/GS_58-33-82.1.html","current_through":"S.L. 2026-30","vintage":"","retrieved_at":"2026-08-27T18:06:53Z","sha256":"13bd5a62f597c9721fa3959eeec28edd4da375c70d3f9d55e0ce7d32698bd290","source_id":"us-nc","stale":false,"prev":"us-nc/n.c.-gen.-stat.-58-33-82","next":"us-nc/n.c.-gen.-stat.-58-33-83"},"notice":"GroundRules: Original legal text. Not legal advice."}