{"data":{"id":"us-nc/n.c.-gen.-stat.-58-58-70","jurisdiction":"us-nc","citation":"N.C. Gen. Stat. § 58-58-70","heading":"Insurable interest as between stockholders, partners, etc.","body":"Where two or more persons have heretofore contracted or hereafter contract with one another for the purchase, at the death of one, by the survivor or survivors, of the stock, share or interest of the deceased in any corporation, partnership or business association of any kind, the person or persons making the contract of purchase shall be deemed to have, and are hereby declared to have, an insurable interest in the life or lives of the person or persons contracting to sell. (1941, c. 201; 1969, c. 751, s. 44.)","path":["Chapter 58. Insurance.","Article 58. Life Insurance and Viatical Settlements.","Part 3. Insurable Interests and Other Rights."],"source_url":"https://www.ncleg.gov/EnactedLegislation/Statutes/HTML/BySection/Chapter_58/GS_58-58-70.html","current_through":"S.L. 2026-30","vintage":"","retrieved_at":"2026-08-27T18:06:53Z","sha256":"f891a196ea3d5efc3ec324d54fe18ecca3778219bf71538cd05f9c7f66d6e66c","source_id":"us-nc","stale":false,"prev":"us-nc/n.c.-gen.-stat.-58-58-65","next":"us-nc/n.c.-gen.-stat.-58-58-75"},"notice":"GroundRules: Original legal text. Not legal advice."}