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Terms Used In North Carolina General Statutes 58-67-171

  • Dependent: A person dependent for support upon another.
  • Embezzlement: In most states, embezzlement is defined as theft/larceny of assets (money or property) by a person in a position of trust or responsibility over those assets. Embezzlement typically occurs in the employment and corporate settings. Source: OCC
  • following: when used by way of reference to any section of a statute, shall be construed to mean the section next preceding or next following that in which such reference is made; unless when some other section is expressly designated in such reference. See North Carolina General Statutes 12-3
  • Fraud: Intentional deception resulting in injury to another.

The following provisions of this Chapter are applicable to HMOs that are subject to this Article are as follows:

N.C. Gen. Stat. § 58-2-125 Authority over all insurance companies; no exemptions from

license.

N.C. Gen. Stat. § 58-2-150 Oath required for compliance with law.

N.C. Gen. Stat. § 58-2-155 Investigation of charges.

N.C. Gen. Stat. § 58-2-160 Reporting and investigation of insurance and reinsurance fraud and

the financial condition of licensees; immunity from liability.

N.C. Gen. Stat. § 58-2-162 Embezzlement by insurance producers or administrators.

N.C. Gen. Stat. § 58-2-185 Record of business kept by companies and insurance producers;

Commissioner may inspect.

N.C. Gen. Stat. § 58-2-190 Commissioner may require special reports.

N.C. Gen. Stat. § 58-2-195 Commissioner may require records, reports, etc., for agencies,

insurance producers, and others.

N.C. Gen. Stat. § 58-2-200 Books and papers required to be exhibited.

N.C. Gen. Stat. § 58-3-50 Companies must do business in own name; emblems, insignias, etc.

N.C. Gen. Stat. § 58-3-100(c),(e) Insurance company licensing provisions.

N.C. Gen. Stat. § 58-3-115 Twisting with respect to insurance policies; penalties.

N.C. Gen. Stat. § 58-7-21 Credit allowed a domestic ceding insurer.

N.C. Gen. Stat. § 58-7-26 Asset or reduction from liability for reinsurance ceded by a

domestic insurer to an assuming insurer not meeting the

requirements of N.C. Gen. Stat. § 58-7-21.

N.C. Gen. Stat. § 58-7-30 Insolvent ceding insurer.

N.C. Gen. Stat. § 58-7-31 Life and health reinsurance agreements.

N.C. Gen. Stat. § 58-7-46 Notification to Commissioner for president or chief executive

officer changes.

N.C. Gen. Stat. § 58-7-73 Dissolution of insurers.

Part 7 of Article 10 Annual Financial Reporting.

N.C. Gen. Stat. § 58-50-35 Notice of nonpayment of premium required before forfeiture.

N.C. Gen. Stat. § 58-51-15(a)(2)b Accident and health policy provisions.

N.C. Gen. Stat. § 58-51-17 Portability for accident and health insurance.

N.C. Gen. Stat. § 58-51-25 Policy coverage to continue as to children with an intellectual or

physical disability or dependent students on medically necessary

leave of absence.

N.C. Gen. Stat. § 58-51-35 Insurers and others to afford coverage to children with an

intellectual or physical disability.

N.C. Gen. Stat. § 58-51-45 Policies to be issued to any person possessing the sickle-cell trait or

hemoglobin C trait.

N.C. Gen. Stat. § 58-62 Life and Health Insurance Guaranty Association.

(1999-244, s. 2; 2005-215, s. 20; 2009-382, s. 7; 2009-384, s. 4; 2018-47, s. 7(f); 2018-120, s. 1.2(b); 2022-46, ss. 4, 14(gggg).)