GENERAL ASSEMBLY OF NORTH CAROLINA

1985 SESSION

 

 

CHAPTER 800

HOUSE BILL 611

 

AN ACT TO ALLOW LICENSED DIRECT RESPONSE WRITERS OF LIFE AND HEALTH INSURANCE TO TRANSACT BUSINESS WITHOUT AGENTS LICENSED BY NORTH CAROLINA.

 

The General Assembly of North Carolina enacts:

 

Section 1.  G.S. 58-51.3 is amended by adding the following:

"(4)      Licensed insurers authorized to write the kinds of insurance described in G.S. 58-72(1) through G.S. 58-72(3) that do business without the involvement of a licensed agent."

Sec. 2.  This act is effective upon ratification.

In the General Assembly read three times and ratified, this the 26th day of June, 1986.