NORTH CAROLINA GENERAL ASSEMBLY

1979 SESSION

 

 

CHAPTER 881

HOUSE BILL 1261

 

 

AN ACT TO DELETE THE LANGUAGE OF G.S. 58-9(4) THAT REQUIRES THE COMMISSIONER OF INSURANCE TO PREPARE AN ABSTRACT OF EACH ANNUAL STATEMENT FILED BY INSURANCE COMPANIES.

 

The General Assembly of North Carolina enacts:

 

Section 1.  Subsection (4) of G.S. 58-9 is amended by deleting therefrom all of the following words which occur immediately following the words "...required by this Chapter": "...and prepare an abstract of each annual statement at the expense of the company, association, order or bureau making the same and receive therefor the sum of four dollars ($4.00)."

Sec. 2.  This act shall become effective immediately and shall apply to all annual statements filed or required to be filed with the Commissioner of Insurance after January 1, 1979.

In the General Assembly read three times and ratified, this the 8th day of June, 1979.