North Carolina § 58-10-395 - Plan of operation change.
Full text of North Carolina North Carolina General Statutes § 58-10-395 — Plan of operation change., with citation guidance and answers to common questions.
§ 58-10-395. Plan of operation change.
Any material change in a captive insurance company's plan of operation plan of operation that was filed with the Commissioner at the time of initial application and any subsequent amendment of the plan requires prior approval from the Commissioner. Any change in any other information filed with the application must be filed with the Commissioner within 60 days but does not require prior approval. History (2013-116, s. 1; 2014-65, s. 6; 2016-78, s. 4.1(i).) Editor's Note. - This section was amended by Session Laws 2016-78, s. 4.1(i), in the coded bill drafting format provided by G.S. 120-20.1 . The act failed to account for the amendment by Session Laws 2014-65, s. 6, which substituted "plan of operation" for "business plan" in subsection (a). Subsection (a) has been set out in the form above at the direction of the Revisor of Statutes. Effect of Amendments. - Session Laws 2014-65, s. 6, effective July 1, 2014, substituted "plan of operation" for "business plan" in subsection (a). Session Laws 2016-78, s. 4.1(i), effective June 30, 2016, substituted the subsection heading "Plan of operation change" for "Change of business"; and substituted "plan of operation" for "business plan" in subsection (a).
Source: official North Carolina text · Last verified 2026-08-27
Frequently Asked Questions About North Carolina § 58-10-395
What does North Carolina General Statutes § 58-10-395 cover?
Section 58-10-395 ("Plan of operation change.") is part of the North Carolina General Statutes, the codified statutory law of North Carolina. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite North Carolina § 58-10-395?
A common citation format is "North Carolina General Statutes § 58-10-395" (North Carolina). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of North Carolina law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the North Carolina official source linked on this page or consult a licensed North Carolina attorney.
How does North Carolina § 58-10-395 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in North Carolina can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in North Carolina.