04 NCAC 03F .0508           IMPAIRMENT OF MINIMUM NET WORTH

A licensee shall notify the Commissioner in writing if, at any time, it fails to meet the minimum net worth requirement of G.S. 53-208.5(a).  The notification shall be accompanied by a plan to restore the minimum net worth.

 

History Note:        Authority 53-208.5; 53-208.27;

Eff. February 1, 1993;

Amended Eff. November 1, 2013.