§ 58-25-1. General insurance law not applicable. - North Carolina Statutes

Article25.

Fraternal Orders.

§ 58‑25‑1. General insurance law not applicable.

Nothing in the generalinsurance laws, except such as apply to fraternal orders shall be construed toextend to benevolent associations incorporated under the laws of this Statethat only levy an assessment on the members to create a fund to pay the familyof a deceased member and make no profit therefrom, and do not solicit businessthrough agents. (1987, c. 483, s. 2.)