11 NCAC 04 .0429             COMMINGLING

The accounting records maintained by agents, brokers, and limited representatives shall be separate and apart from any other business records and demonstrate at all times that collected funds due to insurers and return premiums due to policyholders are available at all times.

 

History Note:        Authority G.S. 58-2-40; 58-2-195;

Eff. February 1, 1993;

Amended Eff. February 1, 1996.