Bill Summary for H 262 (2015-2016)

Summary date: 

Mar 17 2015

Bill Information:

View NCGA Bill Details2015-2016 Session
House Bill 262 (Public) Filed Tuesday, March 17, 2015
AN ACT TO MODERNIZE THE SURPLUS LINES ACT BY INCLUDING ALIEN INSURERS IN THE DEFINITION OF AN ELIGIBLE SURPLUS LINES INSURER, BY REPEALING COUNTERSIGNING REQUIREMENTS, AND BY PROVIDING GREATER FLEXIBILITY FOR THE MANNER OF COLLECTION AND REFUND OF THE SURPLUS LINES TAX.
Intro. by Pendleton, Tine, Setzer.

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Bill summary

Modernizes the Surplus Lines Acts by amending GS 58-21-10(3), 58-21-40, 58-21-70, and 58-21-85 as the title indicates.

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