North Carolina Administrative Code
Title 11 - INSURANCE
Chapter 10 - PROPERTY AND CASUALTY DIVISION
Section .0300 - RULES AND INTERPRETATIONS
Section 10 .0307 - NATION-WIDE MARINE DEFINITION ADOPTED

Universal Citation: 11 NC Admin Code 10 .0307
Current through Register Vol. 39, No. 6, September 16, 2024

The nation-wide marine definition as adopted by the National Association of Insurance Commissioners in December of 1976 which sets forth the type and kinds of insurance that are to be regarded as marine insurance is adopted by the North Carolina Department of Insurance. However, in no case shall a kind or type of insurance be offered in North Carolina as inland marine insurance unless it has been so designated by the Commissioner of Insurance in his approval of rates and forms.

Authority G.S. 58-2-40; 58-3-150; 58-7-15; 58-40-15; 58-40-40;
Eff. February 1, 1976;
Amended Eff. June 23, 1977;
Readopted Eff. July 11, 1978;
Amended Eff. July 1, 1986;
Pursuant to G.S. 150B-21.3A, rule is necessary without substantive public interest Eff. January 3, 2017.

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