11 NCAC 13 .0321             SIGHT DRAFT AND CHECK FORMS

The Department will not approve the use of sight draft or any check forms that are placed in the hands of the insurance agents unless they are made payable only to a licensed or authorized insurance company.  Such sight draft or check forms shall not be used unless they have been filed with and written approval given by the Commissioner.

History Note:        Authority G.S. 58-2-40; 58-35-45;

Eff. February 1, 1976;

Readopted Eff. January 1, 1978;

Pursuant to G.S. 150B-21.3A, rule is necessary without substantive public interest Eff. June 25, 2016.