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North Carolina General Statutes Chapter 58. Insurance § 58-26-20. Statutory premium reserve

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

Every domestic title insurance company shall, in addition to other reserves, establish and maintain a reserve to be known as the “statutory premium reserve” for title insurance, which shall at all times and for all purposes be considered and constitute a reserve liability of the title insurance company in determining its financial condition.

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Cite this article: FindLaw.com - North Carolina General Statutes Chapter 58. Insurance § 58-26-20. Statutory premium reserve - last updated January 01, 2023 | https://codes.findlaw.com/nc/chapter-58-insurance/nc-gen-st-sect-58-26-20/

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