§ 58-7-1. Application of this Chapter and general laws. - North Carolina Statutes

Article 7.

General DomesticCompanies.

§ 58‑7‑1. Application of this Chapter and general laws.

The general provisions of lawrelative to the powers, duties, and liabilities of corporations apply to allincorporated domestic insurance companies where pertinent and not in conflictwith other provisions of law relative to such companies or with their charters.All insurance companies of this State shall be governed by this Chapter,notwithstanding anything in their special charters to the contrary, provided noticeof the acceptance of this Chapter is filed with the Commissioner. (1899, c. 54, s. 19; Rev., s.4721; C.S., s. 6324; 1991, c. 720, s. 4; 2006‑105, s. 1.2.)