NORTH CAROLINA GENERAL ASSEMBLY

1971 SESSION

 

 

CHAPTER 476

HOUSE BILL 191

 

AN ACT THE STANDARD FIRE INSURANCE POLICY FOR NORTH CAROLINA TO ALLOW SUITS FOR RECOVERY OF CLAIMS TO BE COMMENCED WITHIN THREE YEARS AFTER LOSS.

 

The General Assembly of North Carolina do enact:

 

Section 1.  The line designated 161 on page 488 of the 1965 Replacement Volume 2B of the General Statutes, the Standard Fire Policy appearing in G.S. 58-176(c), is amended by deleting the words “twelve months" appearing therein and inserting in lieu thereof the words “three years”.

Sec. 2.  The provisions of this act shall not apply to any fire insurance policy issued prior to the effective date of this act.

Sec. 3.  All laws and clauses of laws in conflict with this act are hereby repealed.

Sec. 4. This act shall become effective upon January, 1 1972.

In the General Assembly read three times and ratified, this the 1st day of June, 1971.