GENERAL ASSEMBLY OF NORTH CAROLINA

1985 SESSION

 

 

CHAPTER 793

HOUSE BILL 1330

 

AN ACT TO AMEND THE SURPLUS LINES ACT, 1985 SESSION LAWS CHAPTER 688.

 

The General Assembly of North Carolina enacts:

 

Section 1.  Chapter 688 of the 1985 Session Laws is amended as follows:

(1)       In G.S. 58-424(a)(2)a., by substituting "$1,500,000" for "$4,500,000"; and

(2)       In G.S. 58-424(a)(3), by inserting between "two months" and "after the close", the following: ", and for alien insurers six months,".

Sec. 2.  This act is effective upon ratification.

In the General Assembly read three times and ratified, this the 18th day of July, 1985.