Bill Summary for S 123 (2023-2024)
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Summary date:
Mar 28 2023
Bill Information:
View NCGA Bill Details | 2023-2024 Session |
AN ACT PROHIBITING PREPARING, ISSUING, REQUESTING, OR REQUIRING A CERTIFICATE OF INSURANCE THAT INCLUDES EXTRANEOUS INFORMATION.Intro. by Johnson.
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Bill summary
Senate committee substitute to the 1st edition makes the following changes. Amends GS 58-3-149(d) to create a civil penalty of up to $5,000 for when a person knowingly prepares, issues, requests or requires a certificate of insurance that includes information not required in the underlying insurance policy, in addition to other statutory violations listed in GS 58-3-149(d). Makes conforming changes to act’s long title.