NORTH CAROLINA GENERAL ASSEMBLY

1971 SESSION

 

 

CHAPTER 516

SENATE BILL 585

 

 

AN ACT TO AMEND G.S. 58-210 TO INCREASE THE MAXIMUM LIMITATION ON GROUP LIFE INSURANCE.

 

The General Assembly of North Carolina do enact:

 

Section 1.  G.S. 58-210 is hereby amended by striking from paragraph (d) of subdivisions (1), (3) and (4) and from paragraph (e) of subdivision (5) the figure "$50,000" and substituting in lieu thereof the figure "$100,000".

Sec. 2.  All laws and clauses of laws in conflict with this act are hereby repealed.

Sec. 3.  This act shall become effective upon its ratification.

In the General Assembly read three times and ratified, this the 7th day of June, 1971.