North Carolina General Statutes Chapter 58. Insurance § 58-64A-70. Review schedule

(1) Within five business days after receipt of an application, a notification, a request for approval, or of materials intended to supplement an incomplete application, notification, or request for approval, the Commissioner shall acknowledge receipt in writing.

(2) Within 10 business days after receipt of an application for a permit to accept deposits, permanent license, and an expansion notification, or of materials intended to supplement an incomplete application or expansion notification, and within 30 days after receipt of an application for a start-up certificate, a preliminary certificate, a continuing care at home license, and an expansion, or a request for approval, or of materials intended to supplement an incomplete application or request for approval, the Commissioner shall determine if the application, notification, or request for approval is complete and inform the applicant in writing of the determination.  If the Commissioner determines that the application, notification, or request for approval is incomplete, the notice to the applicant shall specifically set forth and request any additional information the Commissioner determines is necessary to complete the application, notification, or request for approval.

(3) When the Commissioner determines an application, notification, or request for approval is complete, the Commissioner shall approve or deny the application, notification, or request for approval as follows: