reglab/housing_qa huggingface dataset:
NC Gen Stat § 58-58-280 (2021)
2021 North Carolina General Statutes|Chapter 58 - Insurance|Article 58 - Life Insurance and Viatical Settlements.|§ 58-58-280 - Confidentiality.

 58-58-280. Confidentiality.(a) Information and evidence provided under G.S. 58-58-270 or G.S. 58-58-275 or obtained by the Commissioner in an investigation of suspected or actual fraudulent viatical settlement acts shall be privileged and confidential, is not a public record, and is not subject to discovery or subpoena in a civil or criminal action.(b) Subsection (a) of this section does not prohibit release by the Commissioner of documents and evidence obtained in an investigation of suspected or actual fraudulent viatical settlement acts:(1) In administrative or judicial proceedings to enforce laws administered by the Commissioner;(2) To federal, state, or local law enforcement or regulatory agencies, to an organization established for the purpose of detecting and preventing fraudulent viatical settlement acts, or to the NAIC; or(3) At the discretion of the Commissioner, to a person in the business of viatical settlements that is aggrieved by a fraudulent viatical settlement act.(c) Release of documents and evidence under subsection (b) of this section does not abrogate or modify the privilege granted in subsection (a) of this section. (2001-436, s. 3.)
NC Gen Stat § 58-58-285 (2021)
2021 North Carolina General Statutes|Chapter 58 - Insurance|Article 58 - Life Insurance and Viatical Settlements.|§ 58-58-285 - Other law enforcement or regulatory authority.

 58-58-285. Other law enforcement or regulatory authority.This Part does not:(1) Preempt the authority or relieve the duty of other law enforcement or regulatory agencies to investigate, examine, and prosecute suspected violations of law.(2) Prevent or prohibit a person from disclosing voluntarily information concerning viatical settlement fraud to a law enforcement or regulatory agency other than the Commissioner.(3) Limit the powers granted elsewhere by the laws of this State to the Commissioner to investigate and examine possible violations of law and to take appropriate action against wrongdoers. (2001-436, s. 3.)
NC Gen Stat § 58-58-290 (2021)
2021 North Carolina General Statutes|Chapter 58 - Insurance|Article 58 - Life Insurance and Viatical Settlements.|§ 58-58-290 - Injunctions; civil remedies; cease and desist orders.

 58-58-290. Injunctions; civil remedies; cease and desist orders.(a) In addition to the penalties and other enforcement provisions of this Part, if any person violates this Part or any rule implementing this Part, the Commissioner may seek an injunction in a court of competent jurisdiction and may apply for temporary and permanent orders that the Commissioner determines are necessary to restrain the person from committing the violation.(b) Any person damaged by the acts of a person in violation of this Part may bring a civil action against the person committing the violation in a court of competent jurisdiction.(c) The Commissioner may issue, in accordance with G.S. 58-63-32, a cease and desist order upon a person that violates any provision of this Part, any rule or order adopted by the Commissioner, or any written agreement entered into with the Commissioner. The cease and desist order may be subject to judicial review under G.S. 58-63-35.(d) When the Commissioner finds that an activity in violation of this Part presents an immediate danger to the public that requires an immediate final order, the Commissioner may issue an emergency cease and desist order reciting with particularity the facts underlying the findings. The emergency cease and desist order is effective immediately upon service of a copy of the order on the respondent and remains effective for 90 days. If the Commissioner begins nonemergency cease and desist proceedings, the emergency cease and desist order remains effective, absent an order by a court of competent jurisdiction in accordance with G.S. 58-63-35.(e) In addition to the penalties and other enforcement provisions of this Part, any person who violates this Part is subject to G.S. 58-2-70. (2001-436, s. 3.)
NC Gen Stat § 58-58-295 (2021)
2021 North Carolina General Statutes|Chapter 58 - Insurance|Article 58 - Life Insurance and Viatical Settlements.|§ 58-58-295 - Unfair trade practices.

 58-58-295. Unfair trade practices.A violation of this Part is an unfair trade practice under Article 63 of this Chapter. (2001-436, s. 3.)
NC Gen Stat § 58-58-300 (2021)
2021 North Carolina General Statutes|Chapter 58 - Insurance|Article 58 - Life Insurance and Viatical Settlements.|§ 58-58-300 - Authority to adopt rules.

 58-58-300. Authority to adopt rules.The Commissioner may:(1) Adopt rules implementing this Part.(2) Establish standards for evaluating reasonableness of payments under contracts for persons who are terminally or chronically ill, including standards for the amount paid in exchange for assignment, transfer, sale, or devise of a benefit under a policy.(3) Establish appropriate licensing requirements, fees, and standards for continued licensure for providers.(4) Require a bond or other mechanism for financial accountability for providers and brokers.(5) Adopt rules governing the relationship and responsibilities of insurers, providers, and brokers during the viatication of a policy.  (2001-436, s. 3; 2011-284, s. 57.)
NC Gen Stat § 58-58-305 (2021)
2021 North Carolina General Statutes|Chapter 58 - Insurance|Article 58 - Life Insurance and Viatical Settlements.|§ 58-58-305 - Jurisdictional limitations.

 58-58-305. Jurisdictional limitations.Nothing in this Part affects the North Carolina Securities Act or the jurisdiction of the North Carolina Secretary of State. (2001-436, s. 3.)
NC Gen Stat § 58-58-310 (2021)
2021 North Carolina General Statutes|Chapter 58 - Insurance|Article 58 - Life Insurance and Viatical Settlements.|§ 58-58-310 - Effective date.

 58-58-310. Effective date.A provider or broker transacting business in this State, pursuant to G.S. 58-58-42, on the effective date of this Part may continue to do so pending approval of the provider's or broker's application for a license as long as the application is filed with the Commissioner no later than July 1, 2002. If the application is disapproved, then the provider or broker shall cease transacting viatical business in this State. (2001-436, s. 3.)
NC Gen Stat § 58-58-320 (2021)
2021 North Carolina General Statutes|Chapter 58 - Insurance|Article 58 - Life Insurance and Viatical Settlements.|§ 58-58-320 - Purpose.

 58-58-320. Purpose.(a) The purpose of this Part is to set forth standards to protect service members of the Armed Forces from dishonest and predatory insurance sales practices by declaring certain identified practices to be false, misleading, deceptive, or unfair.(b) Nothing in this Part shall be construed to create or imply a private cause of action for a violation of this Part. (2007-535, s. 1.)
NC Gen Stat § 58-58-325 (2021)
2021 North Carolina General Statutes|Chapter 58 - Insurance|Article 58 - Life Insurance and Viatical Settlements.|§ 58-58-325 - Scope.

 58-58-325. Scope.This Part applies only to the solicitation or sale of any life insurance or annuity product by an insurer or insurance producer to an active duty service member of the Armed Forces.  (2007-535, s. 1; 2011-183, s. 44.)
NC Gen Stat § 58-58-330 (2021)
2021 North Carolina General Statutes|Chapter 58 - Insurance|Article 58 - Life Insurance and Viatical Settlements.|§ 58-58-330 - Exemptions.

 58-58-330. Exemptions.(a) This Part does not apply to solicitations or sales involving:(1) Credit insurance.(2) Group life insurance or group annuities where there is no in-person, face-to-face solicitation of individuals by an insurance producer or where the contract or certificate does not include a side fund.(3) An application to the existing insurer that issued the existing policy or contract when (i) a contractual change or a conversion privilege is being exercised, (ii) the existing policy or contract is being replaced by the same insurer pursuant to a program filed with and approved by the Commissioner, or (iii) a term conversion privilege is exercised among corporate affiliates.(4) Contracts offered by Servicemembers' Group Life Insurance or Veterans' Group Life Insurance, as authorized by 38 U.S.C. 1965, et seq.(5) Individual stand-alone health policies, including disability income policies.(6) Life insurance contracts offered through or by a nonprofit military association, qualifying under section 501(c)(23) of the Internal Revenue Code (IRC), and that are not underwritten by an insurer.(7) Contracts used to fund:a. An employee pension or welfare benefit plan that is covered by the Employee Retirement and Income Security Act (ERISA).b. A plan described by sections 401(a), 401(k), 403(b), 408(k) or 408(p) of the Internal Revenue Code, if established or maintained by an employer.c. A government or church plan defined in section 414 of the Internal Revenue Code, a government or church welfare benefit plan, or a deferred compensation plan of a state or local government or tax exempt organization under section 457 of the Internal Revenue Code.d. A nonqualified deferred compensation arrangement established or maintained by an employer or plan sponsor.e. Settlements of or assumptions of liabilities associated with personal injury litigation or any dispute or claim resolution process.f. Prearranged funeral contracts.(b) Nothing in this Part shall be construed to abrogate the ability of nonprofit organizations (and/or other organizations) to educate members of the Armed Forces in accordance with Department of Defense "DoD Instruction 1344.07 - Personal Commercial Solicitation on DoD Installations" or successor directive.(c) For purposes of this Part, general advertisements, direct mail, and Internet marketing do not constitute "solicitation." Telephone marketing does not constitute "solicitation," provided the caller explicitly and conspicuously discloses that the product concerned is life insurance and makes no statements that avoid a clear and unequivocal statement that life insurance is the subject matter of the solicitation. Provided, however, nothing in this subsection shall be construed to exempt an insurer or insurance producer from this Part in any in-person, face-to-face meeting established as a result of the "solicitation" exemptions identified in this subsection.  (2007-535, s. 1; 2011-183, s. 45.)
NC Gen Stat § 58-58-340 (2021)
2021 North Carolina General Statutes|Chapter 58 - Insurance|Article 58 - Life Insurance and Viatical Settlements.|§ 58-58-340 - Practices declared false, misleading, deceptive, or unfair on a military installation.

 58-58-340. Practices declared false, misleading, deceptive, or unfair on a military installation.(a) The following acts or practices when committed on a military installation by an insurer or insurance producer with respect to the in-person, face-to-face solicitation of life insurance are declared to be false, misleading, deceptive, or unfair:(1) Knowingly soliciting the purchase of any life insurance product "door to door" or without first establishing a specific appointment for each meeting with the prospective purchaser.(2) Soliciting service members in a group or "mass" audience or in a "captive" audience where attendance is not voluntary.(3) Knowingly making appointments with or soliciting service members during their normally scheduled duty hours.(4) Making appointments with or soliciting service members in barracks, day rooms, unit areas, or transient personnel housing or other areas where the installation commander has prohibited solicitation.(5) Soliciting the sale of life insurance without first obtaining permission from the installation commander or the commander's designee.(6) Posting unauthorized bulletins, notices, or advertisements.(7) Failing to present DD Form 2885, Personal Commercial Solicitation Evaluation, to service members solicited or encouraging service members solicited not to complete or submit a DD Form 2885.(8) Knowingly accepting an application for life insurance or issuing a policy of life insurance on the life of an enlisted member of the Armed Forces without first obtaining for the insurer's files a completed copy of any required form that confirms that the applicant has received counseling or fulfilled any other similar requirement for the sale of life insurance established by regulations, directives, or rules of the Department of Defense or any branch of the Armed Forces.(b) The following acts or practices when committed on a military installation by an insurer or insurance producer constitute corrupt practices, improper influences or inducements and are declared to be false, misleading, deceptive, or unfair:(1) Using Department of Defense personnel, directly or indirectly, as a representative or agent in any official or business capacity with or without compensation with respect to the solicitation or sale of life insurance to service members.(2) Using an insurance producer to participate in any Armed Forces sponsored education or orientation program.  (2007-535, s. 1; 2011-183, s. 47.)
NC Gen Stat § 58-58-350 (2021)
2021 North Carolina General Statutes|Chapter 58 - Insurance|Article 58 - Life Insurance and Viatical Settlements.|§ 58-58-350 - Procedures and sanctions.

 58-58-350. Procedures and sanctions.(a) The provisions of G.S. 58-63-20, 58-63-25, 58-63-32, 58-63-35, 58-63-50, and 58-63-60 apply to this Part and are incorporated into this Part by reference.(b) A violation of this Part is a ground for license suspension, probation, revocation, nonrenewal, or denial under G.S. 58-33-46 and subjects the violator to G.S. 58-2-70. (2007-535, s. 1.)
NC Gen Stat § 58-58-360 (2021)
2021 North Carolina General Statutes|Chapter 58 - Insurance|Article 58 - Life Insurance and Viatical Settlements.|§ 58-58-360 - Purpose [Short title].

 58-58-360. Purpose [Short title].This part shall be known as the "Unclaimed Life Insurance Benefits Act".  (2015-236, s. 1.)
NC Gen Stat § 58-58-370 (2021)
2021 North Carolina General Statutes|Chapter 58 - Insurance|Article 58 - Life Insurance and Viatical Settlements.|§ 58-58-370 - No preemption of Unclaimed Property Act.

 58-58-370. No preemption of Unclaimed Property Act.Nothing in this Part shall be construed to amend, modify, or supersede the North Carolina Unclaimed Property Act, Article 4 of Chapter 116B of the General Statutes, including the authority of the North Carolina Department of State Treasurer to examine records and conduct an audit. Specifically, nothing in this Part shall restrict the authority of the North Carolina Department of State Treasurer to request or access records of an insurer and conduct an examination of the insurer's records under Chapter 116B of the General Statutes.  (2015-236, s. 1.)
NC Gen Stat § 58-58-400 (2021)
2021 North Carolina General Statutes|Chapter 58 - Insurance|Article 58 - Life Insurance and Viatical Settlements.|§ 58-58-400 - Noncompliance may constitute unfair claims settlement practice.

 58-58-400. Noncompliance may constitute unfair claims settlement practice.A pattern of failures to meet the requirements of this Part may constitute an unfair claims settlement practice under G.S. 58-3-100(a)(5) and G.S. 58-63-15. Nothing in this Part shall be construed to create or imply a private cause of action for a violation of this Part.  (2015-236, s. 1.)
NC Gen Stat § 58-59-1 (2021)
2021 North Carolina General Statutes|Chapter 58 - Insurance|Article 59 - Registered Policies.|§ 58-59-1 - Deposits to secure registered policies.

 58-59-1. Deposits to secure registered policies.Any life insurance company, incorporated under the laws of this State, may deposit with the Commissioner securities of the kind authorized for the investment of the funds of life insurance companies, which shall be legally transferred by it to him as Commissioner and his successors for the common benefit of all the holders of its "registered" policies and annuity bonds issued under the provisions of this Article; and these securities shall be held by him and his successors in office in trust for the purposes and objects specified herein.All securities offered to the Commissioner for deposit under this section shall be received and held pursuant to regulations promulgated by the Commissioner. (1905, c. 504, s. 12; Rev., s. 4780; 1909, c. 920, ss. 1, 2; 1911, c. 140, s. 1; 1917, c. 191, s. 2; C.S., s. 6467; 1945, c. 379.)
NC Gen Stat § 58-59-5 (2021)
2021 North Carolina General Statutes|Chapter 58 - Insurance|Article 59 - Registered Policies.|§ 58-59-5 - Additional deposits may be required.

 58-59-5. Additional deposits may be required. Each company which has made deposits herein provided for shall make additional deposits from time to time, as the Commissioner prescribes, in amounts of not less than five thousand dollars ($5,000) and of such securities as are described in the preceding section [G.S. 58-59-1], so that the admitted value of the securities deposited shall equal the net value of the registered policies and annuity bonds issued by the company, less such liens not exceeding such value as the company has against it. The Commissioner shall annually value or cause to be valued such policies and shall prepare an estimate based upon probable changes in the minimum amounts to be kept on deposit for each month of the ensuing year. (1905, c. 504, s. 15; Rev., s. 4781; 1909, c. 920, s. 3; 1911, c. 140, s. 2; 1917, c. 191, s. 3; C.S., s. 6468; 1945, c. 379; 1991, c. 720, s. 4.)
NC Gen Stat § 58-59-10 (2021)
2021 North Carolina General Statutes|Chapter 58 - Insurance|Article 59 - Registered Policies.|§ 58-59-10 - Withdrawal of deposits.

 58-59-10. Withdrawal of deposits.Any such company whose deposits exceed the net value of all registered policies and annuity bonds it has in force, less such liens not exceeding such value as the company holds against them, may withdraw such excess or it may withdraw any of such securities at any time by depositing in their place others of equal value and of the character authorized by law; and as long as such company remains solvent and keeps up its deposits, as herein required, it may collect the interest and coupons on the securities deposited as they accrue; and any life insurance company may withdraw such securities by and with the consent of the policyholder only; and in case of such withdrawal, the certificate of registration in each case must be surrendered for cancellation, or a receipt from the policyholder, satisfactory to the Commissioner, must be produced before such withdrawal of deposits shall be allowed. (1905, c. 504, s. 18; Rev., s. 4782; 1911, c. 134; C.S., s. 6469; 1991, c. 720, s. 4.)
NC Gen Stat § 58-59-15 (2021)
2021 North Carolina General Statutes|Chapter 58 - Insurance|Article 59 - Registered Policies.|§ 58-59-15 - Record of securities kept by Commissioner; deficit made good.

 58-59-15. Record of securities kept by Commissioner; deficit made good.The Commissioner shall keep a careful record of the securities deposited by each company, and when furnishing the annual certificates of value required in this Article, he may enter thereon the face and market value of the securities deposited by such company. If at any time it appears from such certificate or otherwise that the value of securities held on deposit is less than the net value of the registered policies and annuity bonds issued by such companies, it is not lawful for the Commissioner to execute the certificate on any additional policies or annuity bonds of such company until it has made good the deficit. If any company fails or neglects to make such deposits for 60 days the Commissioner may suspend its license to do business until such deposit be made. (1905, c. 504, s. 16; Rev., s. 4784; C.S., s. 6471; 1945, c. 379; 1991, c. 720, s. 4.)
NC Gen Stat § 58-59-20 (2021)
2021 North Carolina General Statutes|Chapter 58 - Insurance|Article 59 - Registered Policies.|§ 58-59-20 - Registered policies certified.

 58-59-20. Registered policies certified.After making the deposits provided for in this Article no company may issue a policy of insurance or endowment or an annuity bond known or designated as "registered" unless it has upon its face a certificate in the following words: "This policy or annuity bond is registered and secured by pledge of bonds, stocks, or securities deposited with this Department as provided by law," which certificate shall be signed by the Commissioner and sealed with the seal of his office. Such policies and bonds shall be known as "registered" policies and annuity bonds, and a sample copy of such kind, class, and issue shall be kept in the office of the Commissioner. All policies and bonds of each kind and class issued, and the copies thereof, filed in the office of the Commissioner must have imprinted thereon some appropriate designating letter, combination of letters or terms identifying the special forms of contract, together with the year of adoption of such form, and whenever any change or modification is made in the form of contracts, policy, or bond, the designating letters or terms and year of adoption thereon shall be changed accordingly. (1905, c. 504, s. 13; Rev., s. 4785; C.S., s. 6472; 1991, c. 720, s. 4.)
NC Gen Stat § 58-59-25 (2021)
2021 North Carolina General Statutes|Chapter 58 - Insurance|Article 59 - Registered Policies.|§ 58-59-25 - Power of Commissioner in case of insolvency.

 58-59-25. Power of Commissioner in case of insolvency.If at any time the affairs of a life insurance company which has deposited securities under the provisions of this Article, in the opinion of the Commissioner, appear in such condition as to render the issuing of additional policies and annuity bonds by such company injurious to the public interest, the Commissioner may take such proceedings against the company as are authorized by law to be taken against other insolvent companies, and said companies are in all respects subject to the provisions of law affecting other companies. (1905, c. 504, s. 20; Rev., s. 4788; C.S., s. 6475; 1991, c. 720, s. 4.)
NC Gen Stat § 58-59-30 (2021)
2021 North Carolina General Statutes|Chapter 58 - Insurance|Article 59 - Registered Policies.|§ 58-59-30 - Fees for registering policies.

 58-59-30. Fees for registering policies.Every company making deposits under the provisions of this Article must pay to the Commissioner for each certificate on registered policies or annuity bonds, including seal, a fee of fifty cents (50 ) for those exceeding ten thousand dollars ($10,000) in amount and twenty-five cents (25 ) for all under ten thousand dollars ($10,000) in amount, except policies for one hundred dollars ($100.00) and not exceeding five hundred dollars ($500.00) the fee shall be fifteen cents (15 ); for policies of one hundred dollars ($100.00) or less the fee shall be ten cents (10 ). (1905, c. 504, s. 21; Rev., s. 4789; C.S., s. 6476; 1945, c. 379; 1991, c. 720, s. 4.)
NC Gen Stat § 58-59-35 (2021)
2021 North Carolina General Statutes|Chapter 58 - Insurance|Article 59 - Registered Policies.|§ 58-59-35 - Registration of policies.

 58-59-35. Registration of policies.After January 1, 1947, the Commissioner shall not register any new policies that are issued by any company, nor accept any deposits covering reserves on business thereafter written. (1945, c. 379.)
NC Gen Stat § 58-60-1 (2021)
2021 North Carolina General Statutes|Chapter 58 - Insurance|Article 60 - Standards of Disclosure for Annuities and Life Insurance.|§ 58-60-1 - Short title; purpose.

 58-60-1. Short title; purpose.(a) This Part may be cited as the "Life Insurance Disclosure Act".(b) The purpose of this Part is to require insurers to deliver to purchasers of life insurance, information which will improve the buyer's ability to select the most appropriate plan of life insurance for the buyer's needs, improve the buyer's understanding of the basic features of the policy which has been purchased or which is under consideration and to improve the ability of the buyer to evaluate the relative costs of similar plans of life insurance.This Part does not prohibit an insurer from using additional material that is not in violation of Articles 1 through 64 of this Chapter nor any other statute or regulation. (1979, c. 447; 2005-234, s. 1.3.)