14 .0502 - ANNUAL STATEMENTS, REPORTS ON EXAMINATION

14 .0502. ANNUAL STATEMENTS, REPORTS ON EXAMINATION

Foreign insurance companies applying for admission to do business in North Carolina must submit for review by the Commissioner complete and certified copies of the applicable annual statements in the form required under G.S. 58-2-165 for the three calendar years immediately preceding the date of application for admission, together with the latest report on examination prepared by the insurance regulator of the state of domicile in the form required under 11 NCAC 11C .0102. Applicant companies should continue to submit such statements and reports in the form required as they become available throughout the admission process.

(Authority G.S. 58-2-40; 58-2-165; 58-16-5(1); Eff. April 1, 1990; Amended Eff. April 1, 1993.)

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