A BILL TO BE ENTITLED AN ACT TO ENACT THE NORTH CAROLINA CAPTIVE INSURANCE ACT.
AN ACT TO ENACT THE NORTH CAROLINA CAPTIVE INSURANCE ACT. Enacted June 19, 2013. Effective July 1, 2013, if funds are appropriated for the 2013-15 fiscal biennium to provide the Department of Insurance with regulatory staff and resources to license and regulate captive insurance companies. If no funds are appropriated, then the act is not effective until July 1 of a year the General Assembly appropriates funds to implement it.
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