§ 58-26-15. Limitation of risk. - North Carolina Statutes

§ 58‑26‑15. Limitation of risk.

No real estate title insurancecompany shall guarantee or insure in any one risk on real property located inNorth Carolina more than forty percent (40%) of its combined capital andsurplus without first having the approval of the Commissioner, which approvalshall be endorsed upon the policy. (1945, c. 386; 1967, c. 936;1993, c. 504, s. 18.)