North Carolina § 58-21-11 - Home state.
Full text of North Carolina North Carolina General Statutes § 58-21-11 — Home state., with citation guidance and answers to common questions.
§ 58-21-11. Home state.
The provisions of this Article shall apply to those transactions in which North Carolina is the home state of the insured. Except as provided in subsection (c) of this section, the term "home state" means, with respect to an insured, either of the following: The state in which an insured maintains its principal place of business or, in the case of an individual, the individual's principal residence. If one hundred percent (100%) of the insured risk is located out of the state referred to in subdivision (1) of this subsection, the state to which the greatest percentage of the insured's taxable premium for that insurance contract is allocated. Affiliated Groups. - If two or more insureds from an affiliated group are named insureds on a single nonadmitted insurance contract, the term "home state" means the home state, as determined pursuant to subsection (b) of this section, of the member of the affiliated group that has the largest percentage of premium attributed to it under that insurance contract. History (2011-120, s. 3.)
Frequently Asked Questions About North Carolina § 58-21-11
What does North Carolina General Statutes § 58-21-11 cover?
Section 58-21-11 ("Home state.") 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 § 58-21-11?
A common citation format is "North Carolina General Statutes § 58-21-11" (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 § 58-21-11 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.