{"data":{"id":"us-nc/n.c.-gen.-stat.-58-61-5","jurisdiction":"us-nc","citation":"N.C. Gen. Stat. § 58-61-5","heading":"Definitions.","body":"For purposes of this Article the \"Published Monthly Average\" means:\n(1)\tThe Monthly Average of the Composite Yield on Seasoned Corporate Bonds as published by Moody's Investors Service, Inc., or any successor thereto; or\n(2)\tIn the event that the Monthly Average of the Composite Yield on Seasoned Corporate Bonds is no longer published, a substantially similar average, established by regulation issued by the Commissioner. (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_58-61-5.html","current_through":"S.L. 2026-30","vintage":"","retrieved_at":"2026-08-27T18:06:53Z","sha256":"c891332305c1e2c0418c92ba9371b125253dff440b10b362435c27516b975efa","source_id":"us-nc","stale":false,"prev":"us-nc/n.c.-gen.-stat.-58-61-1","next":"us-nc/n.c.-gen.-stat.-58-61-10"},"notice":"GroundRules: Original legal text. Not legal advice."}