§ 58-3-50. Companies must do business in own name; emblems, insignias, etc. - North Carolina Statutes

§58‑3‑50.  Companies must do business in own name; emblems,insignias, etc.

Every insurance company orgroup of companies must conduct its business in the State in, and the policiesand contracts of insurance issued by it shall be headed or entitled only by,its proper or corporate name or names. There shall not appear on the policyanything that would indicate that it is the obligation of any other than thecompany or companies responsible for the payment of losses under the policy,though it will be permissible to stamp or print on the policy, the name ornames of the department or general agency issuing the same, and the group ofcompanies with which the company is financially affiliated. The use of anyemblem, insignia, or anything other than the true and proper corporate name ofthe company or group of companies shall be permitted only with the approval ofthe Commissioner. (1899, c. 54, s. 18; Rev., s. 4811; C.S., s. 6292;1945, c. 377; 1951, c. 781, s. 10; 1995, c. 193, s. 9.)