Bill Summary for H 373 (2011-2012)
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Summary date:
May 31 2011
S.L. 2011-215
Bill Information:
| View NCGA Bill Details | 2011-2012 Session |
TO FACILITATE THE PAYMENT OF INSURANCE PREMIUMS USING CREDIT CARDS AND TO PERMIT THE COMMISSIONER OF INSURANCE TO APPROVE NONTRADITIONAL GROUPS FOR GROUP LIFE INSURANCE.Intro. by Dockham.
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Bill summary
House committee substitute makes the following changes to 1st edition. Rewrites GS 58-3-145 to clarify that an insurer, agent or broker may accept payment of an insurance premium by credit card or debit card so long as the insurer complies with the prohibition against unfair discrimination contained in GS 58-63-15(7), and the insurer pays the fees charged by the credit card company or debit card issuer for the payment of premiums by credit card or debit card. Makes a clarifying change, and a technical change.
Makes conforming changes to the bill title.