{"data":{"id":"us-nc/n.c.-gen.-stat.-58-47-180","jurisdiction":"us-nc","citation":"N.C. Gen. Stat. § 58-47-180","heading":"Premium collection and payment of claims.","body":"(a)\tThe TPA or service company, at a minimum, shall:\n(1)\tPeriodically render an accounting to the self-insurer detailing all transactions performed by the TPA or service company pertaining to the business underwritten, premium or other charges collected, and claims paid by the self-insurer, when applicable.\n(2)\tDeposit all receipts directly into an account maintained in the name of the self-insurer.\n(3)\tPay claims on drafts or checks of and authorized by the self-insurer.\n(4)\tNot withdraw from the self-insurer's account except for authority limited to pay claims and refund premiums.\n(5)\tRemit return premium, directly from the self-insurer's account, to the person entitled to the return premium.\n(b)\tAny check disbursement authority granted to the TPA or service company may be terminated upon the self-insurer's written notice to the TPA or service company or upon termination of the agreement. The self-insurer may suspend the check disbursement authority during the pendency of any dispute regarding the cause for termination. (1997-362, s. 3.)","path":["Chapter 58. Insurance.","Article 47. Workers' Compensation Self-Insurance.","Part 2. Third-Party Administrators and Service Companies For Individual And Group Self-insurers."],"source_url":"https://www.ncleg.gov/EnactedLegislation/Statutes/HTML/BySection/Chapter_58/GS_58-47-180.html","current_through":"S.L. 2026-30","vintage":"","retrieved_at":"2026-08-27T18:06:53Z","sha256":"a1461ae6a81aeb61e4c4c5f07c200c26cd3ac988827b675faee5df8d8996c304","source_id":"us-nc","stale":false,"prev":"us-nc/n.c.-gen.-stat.-58-47-175","next":"us-nc/n.c.-gen.-stat.-58-47-185"},"notice":"GroundRules: Original legal text. Not legal advice."}