North Carolina § 58-60-145 - Report to contract owners.

Full text of North Carolina North Carolina General Statutes § 58-60-145 — Report to contract owners., with citation guidance and answers to common questions.

§ 58-60-145. Report to contract owners.

For annuities in the payout period with changes in nonguaranteed elements and for the accumulation period of a deferred annuity, the insurer shall provide each contract owner with a report, at least annually, on the status of the contract that contains at least all of the following information: The beginning and end dates of the current report period. The accumulation and cash-surrender value, if any, at the end of the previous report period and at the end of the current report period. The total amounts, if any, that have been credited, charged to the contract value, or paid during the current report period. The amount of outstanding loans, if any, as of the end of the current report period. History (2005-234, s. 1.11.) PART 4. SUITABILITY IN ANNUITY TRANSACTIONS.

Source: official North Carolina text · Last verified 2026-08-27

Frequently Asked Questions About North Carolina § 58-60-145

What does North Carolina General Statutes § 58-60-145 cover?

Section 58-60-145 ("Report to contract owners.") 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 § 58-60-145?

A common citation format is "North Carolina General Statutes § 58-60-145" (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 § 58-60-145 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.