Bill Summary for S 683 (2015-2016)

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Bill: ABOLISH CONSENT TO RATE FOR PROPERTY INS.

Summary date: 

Mar 31 2015

Bill Information:

View NCGA Bill Details2015-2016 Session
Senate Bill 683 (Public) Filed Thursday, March 26, 2015
AN ACT TO EXCLUDE RESIDENTIAL PROPERTY INSURANCE FROM CONSENT TO RATE PROVISIONS.
Intro. by Lee.

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Bill summary

Amends GS 58-36-30, as the title indicates, excluding residential property with no more than four housing units. Applies to any residential property insurance policies issued on or after July 29, 2016.