11 NCAC 12 .0445             INTEREST CHARGES ON MISSTATEMENT OF AGE OR SEX

Interests on overpayments made by an insurer because of misstatement of age or sex shall not be charged unless an equal rate of interest is paid by the insurer for under payments.

 

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

Eff. September 26, 1978;

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