{"data":{"id":"us-nc/n.c.-gen.-stat.-58-61-1","jurisdiction":"us-nc","citation":"N.C. Gen. Stat. § 58-61-1","heading":"Purpose.","body":"The purpose of this Article is to permit and set guidelines for life insurers to include in life insurance policies issued after the effective date of this Article a provision for periodic adjustment of policy loan interest rates. Nothing in this Article shall be construed to prohibit a life insurer from issuing a policy that contains only the provision specified in G.S. 58-61-10(a)(1) with respect to policy loan interest rates. (1981, c. 841, s. 1.)","path":["Chapter 58. Insurance.","Article 61. Regulation of Interest Rates on Life Insurance Policy Loans."],"source_url":"https://www.ncleg.gov/EnactedLegislation/Statutes/HTML/BySection/Chapter_58/GS_58-61-1.html","current_through":"S.L. 2026-30","vintage":"","retrieved_at":"2026-08-27T18:06:53Z","sha256":"cba53cd987017d51102e5baf22e2dd51a4aa2ebcdef79f0de56ded6e72069424","source_id":"us-nc","stale":false,"prev":"us-nc/n.c.-gen.-stat.-58-60-180","next":"us-nc/n.c.-gen.-stat.-58-61-5"},"notice":"GroundRules: Original legal text. Not legal advice."}