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NORTH CAROLINA STATUTES AND CODES

§ 58-64-50. Investigations and subpoenas.

§58‑64‑50.  Investigations and subpoenas.

(a)        The Commissionermay make such public or private investigations within or outside of this Stateas necessary (i) to determine whether any person has violated or is about toviolate any provision of this Article, (ii) to aid in the enforcement of thisArticle, or (iii) to verify statements contained in any disclosure statementfiled or delivered under this Article.

(b)        For the purpose ofany investigation or proceeding under this Article, the Commissioner may requireor permit any person to file a statement in writing, under oath or otherwise,as to any of the facts and circumstances concerning the matter to beinvestigated.

(c)        For the purpose ofany investigation or proceeding under this Article, the Commissioner or hisdesignee has all the powers given to him for insurance companies.  He mayadminister oaths and affirmations, subpoena witnesses, compel their attendance,take evidence, and require the production of any books, papers, correspondence,memoranda, agreements, or other documents or records deemed relevant ormaterial to the inquiry, all of which may be enforced in the Superior Court ofWake County. (1989, c. 758, s. 1.)

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