North Carolina Administrative Code
Title 11 - INSURANCE
Chapter 07 - STATE PROPERTY FIRE INSURANCE FUND DIVISION
Section .0100 - GENERAL PROVISIONS
Section 07 .0101 - DEFINITIONS
Current through Register Vol. 39, No. 6, September 16, 2024
The following definitions shall apply for this division:
(1) "Agent of Record" shall mean that insurance agent or agents authorized to represent the North Carolina Department of Insurance in procurement of insurance for North Carolina agencies.
(2) "Self-liquidating buildings" shall mean buildings using their own revenues to retire their obligations.
(3) "Special Fund Agencies" shall mean departments or agencies that receive their operating revenue from sources other than the general fund.
Authority
G.S.
58-2-40;
58-31-10;
Eff.
February 1, 1976;
Readopted Eff. May 12, 1978;
Amended
Eff. October 1, 1988;
Pursuant to
G.S.
150B-21.3A, rule is necessary without
substantive public interest Eff. January 19,
2019.