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NORTH CAROLINA STATUTES AND CODES

§ 58-15-50. Contracts and property.

§58‑15‑50.  Contracts and property.

A reciprocal may enter intocontracts and acquire, hold title to, and convey property in its businessname.  All contracts of a reciprocal, including its insurance contracts, shallbe executed on behalf of the reciprocal by the attorney of the reciprocal. (1989,c. 425, s. 1.)

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