{"data":{"id":"us-nc/n.c.-gen.-stat.-58-48-10","jurisdiction":"us-nc","citation":"N.C. Gen. Stat. § 58-48-10","heading":"Scope.","body":"This Article shall apply to all kinds of direct insurance, but shall not be applicable to:\n(1)\tLife, annuity, accident and health or disability insurance;\n(2)\tMortgage guaranty, financial guaranty or other forms of insurance offering protection against investment risks;\n(3)\tFidelity or surety bonds, or any other bonding obligations;\n(4)\tCredit insurance, vendors' single interest insurance, collateral protection insurance, or any similar insurance protecting the interests of a creditor arising out of a creditor-debtor transaction;\n(5)\tOther than coverages that may be set forth in a cybersecurity insurance policy, insurance of warranties or service contracts;\n(6)\tTitle insurance;\n(7)\tOcean marine insurance;\n(8)\tRepealed by Session Laws 1991 (Regular Session, 1992), c. 802, s. 1, effective January 1, 1993.\n(9)\tAny transaction or combination of transactions between a person (including affiliates of such person) and an insurer (including affiliates of such insurer) which involves the transfer of investment or credit risk unaccompanied by transfer of insurance risk;\n(10)\tInsurance written on a retroactive basis to cover known or unknown losses which have resulted from an event with respect to which a claim has already been made, and the claim is known to the insurer at the time the insurance is bound. (1971, c. 670, s. 1; 1989, c. 206, s. 1; 1991 (Reg. Sess., 1992), c. 802, s. 1; 2025-45, s. 5(a).)","path":["Chapter 58. Insurance.","Article 48. Postassessment Insurance Guaranty Association."],"source_url":"https://www.ncleg.gov/EnactedLegislation/Statutes/HTML/BySection/Chapter_58/GS_58-48-10.html","current_through":"S.L. 2026-30","vintage":"","retrieved_at":"2026-08-27T18:06:53Z","sha256":"22d039f9ba911e8d664dd344f4684c9797be10fca960a25a4203ccea9c109554","source_id":"us-nc","stale":false,"prev":"us-nc/n.c.-gen.-stat.-58-48-5","next":"us-nc/n.c.-gen.-stat.-58-48-15"},"notice":"GroundRules: Original legal text. Not legal advice."}