11 NCAC 12 .0404             APPLICATIONS WHICH FINANCE THE FIRST YEAR'S PREMIUM

(a)  Applications to be used with the sale of life insurance in which the first year's premium is financed shall comply with 11 NCAC 4 .0318.

(b)  The information required in Subsection (a) of this Rule may be attached to instead of printed on the application. A rubber stamp shall not be used.

History Note:        Authority G.S. 58‑2‑40; 58‑58‑1;

Eff. February 1, 1976;

Readopted Eff. September 26, 1978;

Amended Eff. February 1, 1992;

Pursuant to G.S. 150B-21.3A, rule is necessary without substantive public interest Eff. May 1, 2018.