NORTH CAROLINA GENERAL ASSEMBLY

1965 SESSION

 

 

CHAPTER 1047

HOUSE BILL 1034

 

 

AN ACT TO AMEND G.S. 58-39.4 TO DEFINE A PRODUCER OF RECORD.

 

The General Assembly of North Carolina do enact:

 

Section 1.  G.S. 58-39.4 is hereby amended by adding a new subsection immediately after subsection (a), to be designated as subsection (aa), and to read as follows:

"(aa)     A producer of record is hereby denned to be an individual who is licensed as a fire and casualty insurance agent and as a resident insurance broker under the insurance laws of this State and who is designated by an assigned risk applicant as the producer of record on an assigned risk application."

Sec. 2.  All laws and clauses of laws in conflict with this Act are hereby repealed.

Sec. 3.  This Act shall be in full force and effect from and after April 1, 1966.

In the General Assembly read three times and ratified, this the 14th day of June, 1965.