North Carolina § 58-58-150 - Employee life insurance defined.
Full text of North Carolina North Carolina General Statutes § 58-58-150 — Employee life insurance defined., with citation guidance and answers to common questions.
§ 58-58-150. Employee life insurance defined.
Employee life insurance is hereby declared to be that plan of life insurance other than salary savings life insurance under which individual policies are issued to the employees of any employer where such policies are issued on the life of more than one employee at date of issue. Premiums for such policies shall be paid by the employer or the trustee of a fund established by the employer either wholly from the employer's funds, or funds contributed by him, or partly from such funds and partly from funds contributed by the insured employees. History (1947, c. 721; 1957, c. 1008.) Legal Periodicals. - For comment on this section, see 25 N.C.L. Rev. 436 (1947).
Source: official North Carolina text · Last verified 2026-08-27
Frequently Asked Questions About North Carolina § 58-58-150
What does North Carolina General Statutes § 58-58-150 cover?
Section 58-58-150 ("Employee life insurance defined.") 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 § 58-58-150?
A common citation format is "North Carolina General Statutes § 58-58-150" (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 § 58-58-150 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.