17 NCAC 05B .1105          INVESTMENT IN SUBSIDIARY

For purposes of G.S. 105-122, the net worth base shall not be reduced by the amount invested in a subsidiary.

History Note:        Authority G.S. 105-122; 105-262;

Eff. February 1, 1976;

Amended Eff. July 1, 1999; January 1, 1994;

Readopted Eff. May 1, 2018.