GENERAL ASSEMBLY OF NORTH CAROLINA

1985 SESSION

 

 

CHAPTER 516

SENATE BILL 540

 

AN ACT TO MAKE CLARIFYING AMENDMENTS TO THE ESSENTIAL PROPERTY INSURANCE FOR BEACH AREA PROPERTY ACT.

 

The General Assembly of North Carolina enacts:

 

Section 1.  G.S. 58-173.2(5) is amended on the last line by adding a new clause to read:

"provided, however, such individual certificate shall not be necessary in those cases where the structure is located within a political subdivision which has certified to the Association on an annual basis that it is enforcing the North Carolina Uniform Residential Building Code or the North Carolina Building Code and has no plans to discontinue enforcing these codes during that year."

Sec. 2.  G.S. 58-173.8 is amended by adding a new subsection (d) to read:

"(d)      An agent who is licensed under North Carolina General Statutes 58-40(a) as an agent of a company which is a member of the Association established under this Article shall not be deemed an agent of the Association."

Sec. 3.  G.S. 58-173.11 is amended by rewriting the first sentence to read:

"Any person or any insurer who may be aggrieved by an act, ruling or decision of the Association other than an act, ruling or decision relating to the cause or amount of a claimed loss, may, within 30 days after such ruling appeal to the Commissioner."

Sec. 4.  This act is effective upon ratification.

In the General Assembly read three times and ratified, this the 1st day of July, 1985.