N.C. Gen. Stat. § 58-50-40. Willful failure to pay group insurance premiums; willful termination of a group health plan; notice to persons insured; penalty; restitution; examination of insurance transactions: General Accident and Health Insurance Regulations – North Carolina

Status: Enacted
Year Enacted: 1985
Year Amended: 2019
File: Download

No insurance fiduciary shall cause the cancellation or nonrenewal of group health or group life insurance and the consequential loss of the coverages of the persons insured by willfully failing to pay such premiums in accordance with the terms of a group health contract


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