§ 58-52-10. Regional plans authorized. - North Carolina Statutes

§58‑52‑10.  Regional plans authorized.

If "over 65"accident and health insurance plans exist or hereafter come into existence inother states pursuant to legislative authority similar to that herein given,North Carolina insurers may jointly participate with insurers of such otherstates in forming a regional plan to carry out the purposes of this Article. Any association formed for the operation of a regional plan shall be exemptfrom the provisions of G.S. 58‑3‑85 and may engage in business inNorth Carolina through its insurer members only, without being separatelylicensed. (1963, c. 1125.)