NORTH CAROLINA GENERAL ASSEMBLY

1977 SESSION

 

 

CHAPTER 718

HOUSE BILL 1099

 

 

AN ACT TO REQUIRE THAT INSURANCE AGENTS OF FRATERNAL SOCIETIES BE SUBJECT TO INSURANCE EXAMINATIONS PRIOR TO LICENSING.

 

The General Assembly of North Carolina enacts:

 

Section 1.  G.S. 58-268, as the same appears in the 1975 Replacement of Volume 2B of the General Statutes, is hereby amended by adding after the period in line 11 thereof the following language and punctuation:

"Provided, organizers or agents who are engaged in or intend to engage in the sale of individual policies of life insurance shall take the examination required of life insurance agents. Those organizers or agents licensed for the sale of insurance pursuant to G.S. 58-268 as of July 1, 1977, shall be exempt from examination."

Sec. 2.  This act shall be effective July 1, 1977.

In the General Assembly read three times and ratified, this the 29th day of June, 1977.