Each plan may provide for participation by:

(1) Insurers that are not required to participate by N.C. Gen. Stat. § 58-42-10;

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(2) Eligible surplus lines insurers as defined in N.C. Gen. Stat. § 58-21-10(3); or

(3) Reinsurers approved by the Commissioner. (1986, Ex. Sess., c. 7, s. 1; 1999-114, s. 1.)