North Carolina § 58-10-710 - Risk management framework.
Full text of North Carolina North Carolina General Statutes § 58-10-710 — Risk management framework., with citation guidance and answers to common questions.
§ 58-10-710. Risk management framework.
An insurer shall maintain a risk management framework to assist the insurer with identifying, assessing, monitoring, managing, and reporting on its material and relevant risks. This requirement may be satisfied if the insurance group of which the insurer is a member maintains a risk management framework applicable to the operations of the insurer. History (2017-136, s. 1.) Editor's Note. - Session Laws 2017-136, s. 6, made this section effective Jan. 1, 2018.
Frequently Asked Questions About North Carolina § 58-10-710
What does North Carolina General Statutes § 58-10-710 cover?
Section 58-10-710 ("Risk management framework.") 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 § 58-10-710?
A common citation format is "North Carolina General Statutes § 58-10-710" (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 § 58-10-710 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.