North Carolina § 58-36-87 - Affiliate transfer of policies.
Full text of North Carolina North Carolina General Statutes § 58-36-87 — Affiliate transfer of policies., with citation guidance and answers to common questions.
§ 58-36-87. Affiliate transfer of policies.
Delivery by an insurer of a policy superseding a policy previously issued by the insurer at the end of the previously issued policy period is not a refusal to renew when it is delivered by: The same insurer; or An affiliate or subsidiary, as those terms are defined in G.S. 58-19-5, that has a financial strength rating, issued by an industry-recognized independent insurance rating company, which financial strength rating is at least as good as the insurer issuing the superseded policy. The provisions of G.S. 58-36-110 and G.S. 58-36-85 apply to the affiliate or subsidiary as if it were the same insurer issuing the policy. History (2015-264, s. 44.5(a); 2016-78, s. 6.2.) Editor's Note. - Session Laws 2015-264, s. 44.5(a), enacted this section, and in s. 44.5(b) provides: "This section expires June 30, 2016." Session Laws 2016-78, s. 6.2, repealed Session Laws 2015-264, s. 44.5(b), effective June 30, 2016. Session Laws 2015-264, s. 91.7, is a severability clause. Session Laws 2015-264, s. 92, made this section effective October 1, 2015.
Source: official North Carolina text · Last verified 2026-08-27
Frequently Asked Questions About North Carolina § 58-36-87
What does North Carolina General Statutes § 58-36-87 cover?
Section 58-36-87 ("Affiliate transfer of policies.") 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 § 58-36-87?
A common citation format is "North Carolina General Statutes § 58-36-87" (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 § 58-36-87 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.