reglab/housing_qa huggingface dataset:
NC Gen Stat § 58-33A-75 (2021)
2021 North Carolina General Statutes|Chapter 58 - Insurance|Article 33A - Public Adjusters.|§ 58-33A-75 - Record retention.

 58-33A-75. Record retention.(a) A public adjuster shall maintain a complete record of each transaction as a public adjuster. The records required by this section shall include all of the following:(1) Name of the insured.(2) Date, location, and amount of the loss.(3) Copy of the contract between the public adjuster and insured.(4) Name of the insurer, amount, expiration date and number of each policy carried with respect to the loss.(5) Itemized statement of the insured's recoveries.(6) Itemized statement of all compensation received by the public adjuster, from any source whatsoever, in connection with the loss.(7) A register of all monies received, deposited, disbursed, or withdrawn in connection with a transaction with an insured, including fees, transfers, and disbursements from a trust account and all transactions concerning all interest-bearing accounts.(8) Name of public adjuster who executed the contract.(9) Name of the attorney representing the insured, if applicable, and the name of the claims representatives of the insurance company.(10) Evidence of financial responsibility in a format prescribed by the Commissioner.(b) Records shall be maintained for at least five years after the termination of the transaction with an insured and shall be open to examination by the Commissioner at all times.(c) Records submitted to the Commissioner in accordance with this section that contain information identified in writing as proprietary by the public adjuster shall be treated as confidential by the Commissioner and shall not be subject to Chapter 132 of the General Statutes or G.S. 58-2-100.  (2009-565, s. 1.)
NC Gen Stat § 58-33A-90 (2021)
2021 North Carolina General Statutes|Chapter 58 - Insurance|Article 33A - Public Adjusters.|§ 58-33A-90 - Reporting of actions.

 58-33A-90. Reporting of actions.(a) A public adjuster shall report to the Commissioner any administrative action taken against the public adjuster in another jurisdiction or by another governmental agency in this State within 30 days after the final disposition of the matter. This report shall include a copy of the order, consent order, or other relevant legal documents.(b) Within 30 days after the initial pretrial hearing date, the public adjuster shall report to the Commissioner any criminal prosecution of the public adjuster taken in any jurisdiction. The report shall include a copy of the initial complaint filed, the order resulting from the hearing, and any other relevant legal documents.  (2009-565, s. 1.)
NC Gen Stat § 58-33A-95 (2021)
2021 North Carolina General Statutes|Chapter 58 - Insurance|Article 33A - Public Adjusters.|§ 58-33A-95 - Rules.

 58-33A-95. Rules.The Commissioner may, in accordance with Chapter 150B of the General Statutes, adopt rules that are necessary or proper to carry out the purposes of this Article.  (2009-565, s. 1.)
NC Gen Stat § 58-34-5 (2021)
2021 North Carolina General Statutes|Chapter 58 - Insurance|Article 34 - Agency and Management Contracts.|§ 58-34-5 - Retrospective compensation agreements.

 58-34-5. Retrospective compensation agreements.(a) Retrospective compensation agreements for business written under Articles 1 through 64 of this Chapter must be filed with the Commissioner for his approval.(b) "Retrospective compensation agreement" means any such arrangement, agreement, or contract having as its purpose the actual or constructive retention by a domestic insurer of a fixed proportion of the gross premiums, with the balance of the premiums, retained actually or constructively by the agent or the producer of the business, who assumes to pay therefrom all losses, all subordinate commissions, loss adjustment expenses and his profit, if any, with other provisions of such arrangement, agreement, or contract auxiliary or incidental to such purpose.(c) The standards for approval shall be as set forth under G.S. 58-34-2(d)(5). (1987, c. 752, s. 8; 1989, c. 485, s. 60; 1991, c. 681, s. 52.)
NC Gen Stat § 58-34-15 (2021)
2021 North Carolina General Statutes|Chapter 58 - Insurance|Article 34 - Agency and Management Contracts.|§ 58-34-15 - Grounds for disapproval.

 58-34-15. Grounds for disapproval.(a) The Commissioner must disapprove any management contract or custodial agreement filed under G.S. 58-34-10 if, at any time, the Commissioner finds:(1) That the service or management charges are based upon criteria unrelated either to the managed insurer's profits or to the reasonable customary and usual charges for the services or are based on factors unrelated to the value of the services to the insurer; or(2) That management personnel or other employees of the insurer are to be performing management functions and receiving any remuneration for those functions through the management or service contract in addition to the compensation by way of salary received directly from the insurer for their services; or(3) That the contract would transfer substantial control of the insurer or any of the powers vested in the board of directors, by statute, articles of incorporation, or bylaws, or substantially all of the basic functions of the insurance company management; or(4) That the contract contains provisions that would be clearly detrimental to the best interest of policyholders, stockholders, or members of the insurer; or(5) That the officers and directors of the management or custodial firm are of known bad character or have been affiliated, directly or indirectly, through ownership, control, management, reinsurance transactions, or other insurance or business relations with any person known to have been involved in the improper manipulation of assets, accounts, or reinsurance.(6) That the custodial agreement is not substantially the same as the form adopted by the Commissioner.(b) If the Commissioner disapproves any management contract or custodial agreement, notice of the disapproval shall be given to the insurer stating the reasons for the disapproval in writing. The Commissioner shall grant any party to the contract a hearing if the party requests a hearing. (1987, c. 752, s. 8; 1991, c. 681, s. 54; 1993, c. 452, s. 50; 2001-223, s. 20.4.)
NC Gen Stat § 58-35-1 (2021)
2021 North Carolina General Statutes|Chapter 58 - Insurance|Article 35 - Insurance Premium Financing.|§ 58-35-1 - Definitions.

 58-35-1. Definitions.When used in this Article:(1) An insurance premium finance company is hereby defined to be:a. Any person engaged, in whole or in part, in the business of entering into insurance premium finance agreements with insureds; orb. Any person engaged, in whole or in part, in the business of acquiring insurance premium finance agreements from other insurance premium finance companies.(2) "Insurance premium finance agreement" means a promissory note or other written agreement by which an insured promises or agrees to pay to, or to the order of, an insurance premium finance company the amount advanced or to be advanced under the agreement to an insurer or to an insurance agent, in payment of premiums on an insurance contract, together with a service charge as authorized and limited by this Article. (1963, c. 1118.)
NC Gen Stat § 58-35-5 (2021)
2021 North Carolina General Statutes|Chapter 58 - Insurance|Article 35 - Insurance Premium Financing.|§ 58-35-5 - License required; fees.

 58-35-5. License required; fees.(a) No person except an authorized insurer shall engage in the business of an insurance premium finance company without obtaining a license from the Commissioner, as provided in this Article.(b) Application for license required under this Article shall be in writing, and in the form prescribed by the Commissioner.(c) When an applicant has more than one office, separate applications for license shall be made for each such office.(d) At the time of filing an application for a license, the applicant shall pay to the Commissioner the license fee. Upon original application or upon application subsequent to denial of application, or revocation, suspension or surrender of a license, an examination fee may be required.(e) There shall be two types of licenses issued to an insurance premium finance company:(1) An "A" type license shall be issued to insurance premium finance companies whose business of insurance premium financing is limited to the financing of insurance premiums of one insurance agent or agency and whose primary function is to finance only the insurance premium of such agent or agency. The license fee for an "A" type license shall be six hundred dollars ($600.00) for each license year or part thereof.(2) A "B" type license shall be issued to an insurance premium finance company whose business of insurance premium financing is not limited to the financing of insurance premiums of one insurance agent or agency and whose primary function is to finance the insurance premiums of more than one insurance agent or agency. The license fee for a "B" type license shall be two thousand four hundred dollars ($2,400) for each license year or part thereof.A branch office license may be issued for either an "A" type or "B" type license to the second and any subsequent locations where the company operates an office. The fee for the branch office license shall be one hundred dollars ($100.00) for each license year or part thereof. The examination fee when required by this section shall be two hundred fifty dollars ($250.00) per application.  (1963, c. 1118; 1967, c. 1232, s. 1; 1989 (Reg. Sess., 1990), c. 1069, s. 7; 1995, c. 507, s. 11A(c); 2009-451, s. 21.2(a).)
NC Gen Stat § 58-35-10 (2021)
2021 North Carolina General Statutes|Chapter 58 - Insurance|Article 35 - Insurance Premium Financing.|§ 58-35-10 - Exceptions to license requirements.

 58-35-10. Exceptions to license requirements.(a) Any person, firm or corporation doing business under the authority of any law of this State or of the United States relating to banks, trust companies, installment paper dealers, auto finance companies, savings and loan associations, cooperative credit unions, agricultural credit corporations or associations, organized under the laws of North Carolina or any person, firm or corporation subject to the provisions of the North Carolina Consumer Finance Act and the North Carolina Motor Vehicle Dealers and Manufacturers Licensing Law, Article 12, Chapter 20, of the General Statutes of North Carolina are exempt from the provisions of this Article.(b) An insurance company duly licensed in this State may make an installment payment charge as set forth in the rate filings and approved by the Commissioner and is thereby exempt from the provisions of this Article.(c) A fire and casualty insurance agent or an insurance broker duly licensed in this State who extends credit to and only to his own policyholders may charge and collect finance charges or other fees at a periodic (monthly) rate as provided in G.S. 24-11(a), after said amount has been outstanding for 30 days, and is hereby exempt from the provisions of this Article. Notwithstanding the exceptions set forth in subsections (a), (b) and (c) of this section, when any person, firm, or corporation shall exercise a power of attorney taken in connection with the financing of an insurance premium, such person, firm or corporation shall comply with the requirements of G.S. 58-35-85, as if it were an insurance premium financing company. (1963, c. 1118; 1967, c. 942, s. 1; 1971, c. 1186, ss. 1, 2; 1995 (Reg. Sess., 1996), c. 742, s. 25.)
NC Gen Stat § 58-35-20 (2021)
2021 North Carolina General Statutes|Chapter 58 - Insurance|Article 35 - Insurance Premium Financing.|§ 58-35-20 - Grounds for refusal, suspension or revocation of licenses; surrender of licenses; reinstatement.

 58-35-20. Grounds for refusal, suspension or revocation of licenses; surrender of licenses; reinstatement.(a) The Commissioner may forthwith deny, suspend, revoke, or refuse to renew or continue any license hereunder if he shall find that:(1) The licensee has failed to pay the annual license fee or any sum of money lawfully demanded under authority of any section of this Article or has violated or failed to comply with any demand, ruling, provision or requirement of the Commissioner lawfully made pursuant to or within the authority of this Article.(2) Any fact or condition exists which, if it had been known to exist at the time of the original application, would have caused the original license to have been refused.(b) The Commissioner may revoke or suspend only the particular license with respect to which grounds for revocation or suspension may occur or exist; or if he shall find that such grounds for revocation or suspension are of general application to all offices, or to more than one office, operated by such licensee, he shall revoke or suspend all of the licenses issued to such licensee or such number of licenses as such grounds apply to, as the case may be.(1) Any licensee may surrender any license by delivering to the Commissioner written notice that he thereby surrenders such license, but such surrender shall not affect such licensee's civil or criminal liability for acts committed prior to such surrender.(2) No revocation or suspension or surrender of any license shall impair or affect the obligation of any insured under any lawful insurance premium finance agreement previously acquired or held by the licensee.(3) Every license issued hereunder shall remain in force and effect until the same shall have been surrendered, revoked, suspended, or expires in accordance with the provisions of this Article; but the Commissioner shall have authority to reinstate suspended licenses or to issue new licenses to a licensee whose license or licenses shall have been revoked, if no fact or condition then exists which clearly would have warranted the Commissioner in refusing originally to issue such license under this Article. (1963, c. 1118.)
NC Gen Stat § 58-35-22 (2021)
2021 North Carolina General Statutes|Chapter 58 - Insurance|Article 35 - Insurance Premium Financing.|§ 58-35-22 - Notification of criminal or administrative actions.

 58-35-22. Notification of criminal or administrative actions.(a) If an individual proprietor, officer, or partner of an insurance premium finance company has been convicted in any court of competent jurisdiction for any crime involving dishonesty or breach of trust, the premium finance company shall notify the Commissioner in writing of the conviction within 10 days after the date of the conviction. As used in this subsection, "conviction" includes an adjudication of guilt, a plea of guilty, or a plea of nolo contendere.(b) An insurance premium finance company shall report to the Commissioner any administrative action taken against the premium finance company, including any branch office, by another state or by another governmental agency in this State within 30 days after the final disposition of the matter. This report shall include a copy of the order or consent order and other information or documents filed in the proceeding necessary to describe the action.  (2009-566, s. 19.)
NC Gen Stat § 58-35-25 (2021)
2021 North Carolina General Statutes|Chapter 58 - Insurance|Article 35 - Insurance Premium Financing.|§ 58-35-25 - Investigations; hearings.

 58-35-25. Investigations; hearings.For the purpose of conducting investigations and holding hearings on insurance premium finance companies, the Commissioner shall have the same authority as that vested in him by G.S. 58-2-50 and 58-2-70. (1963, c. 1118; 1987, c. 864, s. 3(b).)
NC Gen Stat § 58-35-30 (2021)
2021 North Carolina General Statutes|Chapter 58 - Insurance|Article 35 - Insurance Premium Financing.|§ 58-35-30 - Licensee's books and records; reports; refusing to exhibit records; making false statements.

 58-35-30. Licensee's books and records; reports; refusing to exhibit records; making false statements.(a) The licensee shall keep and use in his business any books, accounts, and records that will enable the Commissioner to determine whether the licensee is complying with the provisions of this Article and with the rules and regulations lawfully made by the Commissioner hereunder. Every licensee shall preserve such books, accounts, and records, including cards used in a card system, if any, for at least three years after making the final entry in respect to any insurance premium finance agreement recorded therein; provided, however, the preservation of photographic reproductions thereof or records in photographic, imaging, microfilm, or microfiche form shall constitute compliance with this requirement by any licensee. The Commissioner may require of licensees under oath and in the form prescribed by him regular or special reports as he may deem necessary to the proper supervision of licensees under this Article.(b) Any person who shall refuse, on demand, to exhibit to the Commissioner or to any deputy, or person acting with or for the Commissioner, the books, accounts or records as above provided, or who shall knowingly or willfully make any false statement in regard to the same shall be deemed guilty of a Class 1 misdemeanor. (1963, c. 1118; 1991, c. 720, s. 4; 1993, c. 539, s. 463; 1994, Ex. Sess., c. 24, s. 14(c); 1999-157, s. 1.)
NC Gen Stat § 58-35-35 (2021)
2021 North Carolina General Statutes|Chapter 58 - Insurance|Article 35 - Insurance Premium Financing.|§ 58-35-35 - Excessive insurance premium finance charges; penalty.

 58-35-35. Excessive insurance premium finance charges; penalty.The knowingly taking, receiving, reserving, [or] charging a greater insurance premium finance charge than that authorized in this Article shall be held and adjudged a forfeiture of the entire insurance premium finance charge which the insurance premium finance agreement carries with it, or which has been agreed to be paid thereon; and if a greater insurance premium finance charge has been paid, the person paying the same or his legal representative may recover from the insurance premium finance company twice the entire amount of the insurance premium finance thus paid if action therefor is brought within two years from the time of such payment. (1963, c. 1118.)
NC Gen Stat § 58-35-40 (2021)
2021 North Carolina General Statutes|Chapter 58 - Insurance|Article 35 - Insurance Premium Financing.|§ 58-35-40 - Rebates and inducements prohibited; assignment of insurance premium finance agreements.

 58-35-40. Rebates and inducements prohibited; assignment of insurance premium finance agreements.(a) No insurance premium finance company shall pay, allow, or offer to pay or allow payment to an insurance agent, and no insurance agent shall accept from a company, a rebate as an inducement to the financing of an insurance policy with the company. No insurance premium finance company shall give or offer to give to an insurance agent, and no insurance agent shall accept from a company, any valuable consideration or inducement of any kind, directly or indirectly, other than an article of merchandise not exceeding one dollar ($1.00) in value which shall have thereon the advertisement of the insurance premium finance company. An insurance premium finance company may purchase or otherwise acquire an insurance premium finance agreement from another insurance premium finance company with recourse against the insurance premium finance company on such terms and conditions as may be mutually agreed upon by the parties, if the agreement complies with the requirements of this Article. The terms and conditions of the agreement shall be subject to the approval of the Commissioner.(b) No filing of the assignment or notice thereof to the insured shall be necessary to the validity of the written assignment of an insurance premium finance agreement as against creditors or subsequent purchases, pledges, or encumbrancers of the assignor.(c) As used in this section, the term "insurance premium finance company" includes employees of the company; the term "insurance agent" includes employees of the insurance agent; and the word "company" means an insurance premium finance company. (1963, c. 1118; 1989, c. 485, s. 64; 1991 (Reg. Sess., 1992), c. 837, s. 1; 1999-157, s. 7.)
NC Gen Stat § 58-35-45 (2021)
2021 North Carolina General Statutes|Chapter 58 - Insurance|Article 35 - Insurance Premium Financing.|§ 58-35-45 - Filing and approval of forms and service charges.

 58-35-45. Filing and approval of forms and service charges.(a) No insurance premium finance agreement form or related form shall be used in this State unless it has been filed with and written approval given by the Commissioner.(b) In addition each insurance premium finance company shall file with the Commissioner the service charge rate plan to be used in insurance premium financing including all modifications of service charges to be paid by the insured or others under the insurance premium finance agreement. Such filings shall not be used in this State until written approval has been given by the Commissioner. (1963, c. 1118.)
NC Gen Stat § 58-35-50 (2021)
2021 North Carolina General Statutes|Chapter 58 - Insurance|Article 35 - Insurance Premium Financing.|§ 58-35-50 - Form, contents and execution of insurance premium finance agreements.

 58-35-50. Form, contents and execution of insurance premium finance agreements.(a) An insurance premium finance agreement shall be in writing, dated, signed by the insured, and the printed portion thereof shall be in type that is legible, as determined by rule. It shall contain the entire agreement of the parties with respect to the insurance contract, the premiums for which are advanced or to be advanced under it, and the following:    "INSURANCE PREMIUM FINANCE AGREEMENT NOTICE  a. Do not sign this agreement before you read it.b. You are entitled to a copy of this agreement.c. Under the law, you have the right to pay off in advance the full amount due and under certain conditions to obtain a partial refund of the service charge."(b) An insurance premium finance agreement shall:(1) Contain the following:a. The name and place of business of the insurance agent or broker negotiating the related insurance contract;b. The name of the insured and the residence, the place of business, or any other mailing address of the insured as specified by the insured;c. The name and place of business of the insurance premium finance company to which installments or other payments are to be made;d. A brief description of the insurance contract;e. The premiums for which are advanced or to be advanced under the agreement; andf. The amount of the premiums for such insurance contract; and(2) Set forth the following items where applicable:a. The total amount of the premiums;b. The amount of the down payment;c. The principal balance, which is the difference between items a and b;d. The amount of the service charge;e. The balance payable by the insured, meaning the sum of the amounts stated under items c. and d. of this subdivision.f. The number of installments required, the amount of each installment expressed in dollars and the due date or period thereof.(c) The items set forth in subsection (b) of this section need not be stated in the sequence or order in which they appear in that subsection, and additional items may be included to explain the computations made in determining the amount to be paid by the insured.(d) No insurance premium finance agreement shall be signed by an insured when it contains any blank space to be filled in after it has been signed; however, if the insurance contract, the premiums for which are advanced or to be advanced under the agreement, has not been issued at the time of its signature by the insured and it so provides, the name of the authorized insurer by whom such insurance contract is issued and the policy number and the due date of the first installment may be left blank and later inserted in the original of the agreement after it has been signed by the insured. (1963, c. 1118; 1999-157, s. 2.)