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Current as of January 01, 2023 | Updated by FindLaw Staff
(a) To be qualified to serve as a controlling person of a licensee under this Article, the controlling person shall be at least 18 years of age, be of good moral character, and have educational, managerial, or business experience relevant to:
(1) Operation of a professional employer organization; or
(2) Service as a controlling person of a professional employer organization.
(b) This section does not apply to persons who are licensed pursuant to the alternative licensing procedures set forth in G.S. 58-89A-76 or to entities that are controlling persons.
Cite this article: FindLaw.com - North Carolina General Statutes Chapter 58. Insurance § 58-89A-40. Qualifications for controlling person - last updated January 01, 2023 | https://codes.findlaw.com/nc/chapter-58-insurance/nc-gen-st-sect-58-89a-40/
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