{"data":{"id":"us-nc/n.c.-gen.-stat.-58-64a-15","jurisdiction":"us-nc","citation":"N.C. Gen. Stat. § 58-64A-15","heading":"Dividends and distributions.","body":"No dividend or other distribution of equity or net assets shall be paid by any provider after the Commissioner has determined that the provider is in a hazardous condition or has been determined to not be in satisfactory actuarial balance in an actuarial study filed with the Commissioner pursuant to G.S. 58-64A-210, or when the payment would have the effect of creating a hazardous condition in the provider or cause the provider to not be in satisfactory actuarial balance. (2025-58, s. 2.)","path":["Chapter 58. Insurance.","Article 64A. Continuing Care Retirement Communities.","Part 1. General Provisions."],"source_url":"https://www.ncleg.gov/EnactedLegislation/Statutes/HTML/BySection/Chapter_58/GS_58-64A-15.html","current_through":"S.L. 2026-30","vintage":"","retrieved_at":"2026-08-27T18:06:53Z","sha256":"e81c27ff97405cd9638902ee6bf40033647b5344d6cbbfd5b4f4f7032ecc1276","source_id":"us-nc","stale":false,"prev":"us-nc/n.c.-gen.-stat.-58-64a-10","next":"us-nc/n.c.-gen.-stat.-58-64a-20"},"notice":"GroundRules: Original legal text. Not legal advice."}