North Carolina § 58-50-149 - Limit on cessions to the Reinsurance Pool.
Full text of North Carolina North Carolina General Statutes § 58-50-149 — Limit on cessions to the Reinsurance Pool., with citation guidance and answers to common questions.
§ 58-50-149. Limit on cessions to the Reinsurance Pool.
In addition to any individual or group previously reinsured in accordance with G.S. 58-50-150(g)(1) , the Pool shall only reinsure a health benefit plan issued or delivered for original issue by a reinsuring carrier on or after October 1, 1995, if the health benefit plan provides coverage to a small employer with no more than 25 eligible employees, including self-employed individuals. Notwithstanding any other provision of law, the Pool shall cease to reinsure any individual or group on January 1, 2007. Reinsuring carriers as of that date shall continue to be governed by G.S. 58-50-135(b) and G.S. 58-50-150 until and through the termination of the Pool. History (1995, c. 517, s. 29; 2006-154, s. 8.) Editor's Note. - Section 58-50-135, referred to in this section, was repealed by Session Laws 2013-357, s. 2(a), effective January 1, 2014. Effect of Amendments. - Session Laws 2006-154, s. 8, effective July 23, 2006, added the second and third sentences.
Source: official North Carolina text · Last verified 2026-08-27
Frequently Asked Questions About North Carolina § 58-50-149
What does North Carolina General Statutes § 58-50-149 cover?
Section 58-50-149 ("Limit on cessions to the Reinsurance Pool.") 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 § 58-50-149?
A common citation format is "North Carolina General Statutes § 58-50-149" (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 § 58-50-149 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.