North Carolina Administrative Code
Title 11 - INSURANCE
Chapter 13 - AGENT SERVICES DIVISION - NON-INSURANCE ENTITIES
Section .0400 - MOTOR CLUBS
Section 13 .0411 - NOTICE TO COMMISSIONER
Current through Register Vol. 39, No. 12, December 1, 2024
Each corporate motor club licensee shall advise the Commissioner in writing within ten days of:
(1) the name and resident address of each new stockholder owning ten percent or more of any class of outstanding capital stock of the motor club;
(2) each director or officer who terminates or alters his status with the motor club;
(3) the name and address of each person who becomes an officer or director of the motor club; and
(4) each new employee hired to act as a salesman, representative or agent.
Authority
G.S.
58-2-40;
58-69-20(5);
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.
