North Carolina Administrative Code (Last Updated: November 13, 2014) |
TITLE 11. INSURANCE |
CHAPTER 04. CONSUMER SERVICES DIVISION |
11 NCAC 04 .0429. COMMINGLING
Latest version.
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The accounting records maintained by agents, brokers, and limited representatives shall be separate and apart from any other business records and demonstrate at all times that collected funds due to insurers and return premiums due to policyholders are available at all times.
History Note: Authority G.S. 58-2-40; 58-2-195;
Eff. February 1, 1993;
Amended Eff. February 1, 1996.