North Carolina Administrative Code
Title 11 - INSURANCE
Chapter 13 - AGENT SERVICES DIVISION - NON-INSURANCE ENTITIES
Section .0300 - INSURANCE PREMIUM FINANCE COMPANIES
Section 13 .0319 - EFFECTIVE DATE OF CANCELLATION
Universal Citation: 11 NC Admin Code 13 .0319
Current through Register Vol. 39, No. 6, September 16, 2024
When an insurance premium finance company cancels an insurance policy by using a power of attorney signed by the insured, the effective date of cancellation as stated in the notice of cancellation shall be no earlier than the date the notice of cancellation is sent to the insurance company.
Authority
G.S.
58-2-40;
58-35-85(2);
Eff. February 1, 1976;
Readopted Eff. January 1, 1978;
Amended Eff. February 1, 1996; December 1, 1993; September 1, 1991;
Pursuant to
G.S.
150B-21.3A, rule is necessary without
substantive public interest Eff. June 25,
2016.
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