11 NCAC 07 .0304             INSURANCE PLACEMENT OTHER THAN UNDER THE FUND

Insurance coverage which is requested by agencies, but which is not available under the State Property Fire Insurance Fund, is placed by the division through the Agent of Record. The Agent of Record shall acquire coverage from companies authorized to do business in North Carolina.

History Note:        Authority G.S. 58-2-40; 58-31-45; 58-31-50; 58-31-55;

Eff. February 1, 1976;

Readopted Eff. May 12, 1978;

Amended Eff. October 1, 1988;

Pursuant to G.S. 150B-21.3A, rule is necessary without substantive public interest Eff. January 19, 2019.