{"data":{"id":"us-nc/n.c.-gen.-stat.-58-64a-345","jurisdiction":"us-nc","citation":"N.C. Gen. Stat. § 58-64A-345","heading":"Contracts as preferred claims in liquidation.","body":"(a)\tIn the event of liquidation of a provider, all continuing care and continuing care at home contracts executed by the provider shall be deemed preferred claims against all assets owned by the provider.\n(b)\tNotwithstanding subsection (a) of this section, the claims of all continuing care and continuing care at home contracts shall be subordinate to the liquidator's cost of administration or any secured claim. (2025-58, s. 2.)","path":["Chapter 58. Insurance.","Article 64A. Continuing Care Retirement Communities.","Part 13. Delinquency Proceedings."],"source_url":"https://www.ncleg.gov/EnactedLegislation/Statutes/HTML/BySection/Chapter_58/GS_58-64A-345.html","current_through":"S.L. 2026-30","vintage":"","retrieved_at":"2026-08-27T18:06:53Z","sha256":"4f1e33e4b5428544d03d13ba2ae37b3b12815928a42cb6c3c089b3984d1aaa03","source_id":"us-nc","stale":false,"prev":"us-nc/n.c.-gen.-stat.-58-64a-340","next":"us-nc/n.c.-gen.-stat.-58-64a-350"},"notice":"GroundRules: Original legal text. Not legal advice."}