North Carolina Administrative Code
Title 11 - INSURANCE
Chapter 13 - AGENT SERVICES DIVISION - NON-INSURANCE ENTITIES
Section .0300 - INSURANCE PREMIUM FINANCE COMPANIES
Section 13 .0320 - INSTALLMENT PAYMENTS MADE BY INSURED

Universal Citation: 11 NC Admin Code 13 .0320
Current through Register Vol. 39, No. 6, September 16, 2024

If an insurance premium finance company allows or authorizes an insurance agent, broker or any other representative to accept installment payments from the insured or if the premium finance company accepts installment payments made by the insured from an insurance agent, broker or any other representative, payment to the insurance agent, broker or any other representative shall be considered as payment to the premium finance company as of the date the installment payment was accepted by the insurance agent, broker or any other representative.

Authority G.S. 58-2-40; 58-35-50;
Eff. February 1, 1976;
Readopted Eff. January 1, 1978;
Pursuant to G.S. 150B-21.3A, rule is necessary without substantive public interest Eff. June 25, 2016.

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