North Carolina § 58-2-150 - Oath required for compliance with law.
Full text of North Carolina North Carolina General Statutes § 58-2-150 — Oath required for compliance with law., with citation guidance and answers to common questions.
§ 58-2-150. Oath required for compliance with law.
Before issuing a license to any insurance company to transact the business of insurance in this State, the Commissioner shall require, in every case, in addition to the other requirements provided for by law, that the company file with the Commissioner the affidavit of its president or other chief officer that it accepts the terms and obligations of this Chapter as a part of the consideration of the license. History (1899, c. 54, s. 110; 1901, c. 391, s. 8; Rev., s. 4693; C.S., s. 6276; 1991, c. 720, s. 4; 2004-199, s. 20(a); 2005-215, s. 1; 2006-105, s. 1.1.) Effect of Amendments. - Session Laws 2004-199, s. 20(a), effective August 17, 2004, deleted "it has not violated any of the provisions of Articles 1 through 64 of this Chapter for the space of 12 months last past, and that" following "president or other chief officer that." Session Laws 2005-215, s. 1, effective October 1, 2005, substituted "the Commissioner" for "him" and "67" for "64." Session Laws 2006-105, s. 1.1, effective July 13, 2006, inserted "a" following "Before issuing" and deleted "Articles 1 through 67 of" preceding "this Chapter as a part of the consideration."
Source: official North Carolina text · Last verified 2026-08-27
Frequently Asked Questions About North Carolina § 58-2-150
What does North Carolina General Statutes § 58-2-150 cover?
Section 58-2-150 ("Oath required for compliance with law.") 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 § 58-2-150?
A common citation format is "North Carolina General Statutes § 58-2-150" (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 § 58-2-150 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.