{"data":{"id":"us-nc/n.c.-gen.-stat.-58-58-300","jurisdiction":"us-nc","citation":"N.C. Gen. Stat. § 58-58-300","heading":"Authority to adopt rules.","body":"The Commissioner may:\n(1)\tAdopt rules implementing this Part.\n(2)\tEstablish standards for evaluating reasonableness of payments under contracts for persons who are terminally or chronically ill, including standards for the amount paid in exchange for assignment, transfer, sale, or devise of a benefit under a policy.\n(3)\tEstablish appropriate licensing requirements, fees, and standards for continued licensure for providers.\n(4)\tRequire a bond or other mechanism for financial accountability for providers and brokers.\n(5)\tAdopt rules governing the relationship and responsibilities of insurers, providers, and brokers during the viatication of a policy. (2001-436, s. 3; 2011-284, s. 57.)","path":["Chapter 58. Insurance.","Article 58. Life Insurance and Viatical Settlements.","Part 5. Viatical Settlements."],"source_url":"https://www.ncleg.gov/EnactedLegislation/Statutes/HTML/BySection/Chapter_58/GS_58-58-300.html","current_through":"S.L. 2026-30","vintage":"","retrieved_at":"2026-08-27T18:06:53Z","sha256":"700c2c7fc6bee06dd7e75f11232be60b476dada07930453ec44984e07f18ad92","source_id":"us-nc","stale":false,"prev":"us-nc/n.c.-gen.-stat.-58-58-295","next":"us-nc/n.c.-gen.-stat.-58-58-305"},"notice":"GroundRules: Original legal text. Not legal advice."}