11 NCAC 11C .0117          CONFLICT OF INTEREST STATEMENTS MUST BE EXECUTED ANNUALLY

Conflict of interest statements shall be executed annually by the officers, directors, trustees, attorneys‑in‑fact, and administrative personnel of every domestic insurer subject to G.S. 58, Articles 1 through 67.

Any conflicts of interest disclosed thereon shall be presented to the board of directors or trustees of the company for a determination of its acceptability or the remedial disposition thereof.

History Note:        Authority G.S. 58‑2‑40;

Eff. February 1, 1976;

Readopted Eff. February 28, 1978;

Amended Eff. April 1, 1993;

Pursuant to G.S. 150B-21.3A, rule is necessary without substantive public interest Eff. December 20, 2015.