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North Carolina General Statutes Chapter 58. Insurance § 58-2-121. Report of Department to General Assembly committees on various relief funds

Current as of January 01, 2023 | Updated by Findlaw Staff

Beginning on April 1, 2016, and each year thereafter, the Department of Insurance shall report to the House Appropriations Subcommittee on General Government and the Senate Appropriations Committee on General Government and Information Technology the following information about each local firefighters' relief fund board, the North Carolina State Firefighters' Association, and the North Carolina Association of Rescue and Emergency Medical Services, Inc.:

(1) The total amount of money disbursed from the relief funds controlled by each of the entities.

(2) The amount of money spent by each entity for each of the statutorily permissible uses.

(3) Each entity's ending fund balance.

The report also should describe any problems with data collection and quality and, if applicable, make recommendations on actions the General Assembly could take to resolve any data issues.

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Cite this article: FindLaw.com - North Carolina General Statutes Chapter 58. Insurance § 58-2-121. Report of Department to General Assembly committees on various relief funds - last updated January 01, 2023 | https://codes.findlaw.com/nc/chapter-58-insurance/nc-gen-st-sect-58-2-121/

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