North Carolina § 58-93-90 - Rehabilitation or liquidation of PHP.
Full text of North Carolina North Carolina General Statutes § 58-93-90 — Rehabilitation or liquidation of PHP., with citation guidance and answers to common questions.
§ 58-93-90. Rehabilitation or liquidation of PHP.
Any rehabilitation or liquidation of a PHP shall be deemed to be the rehabilitation or liquidation of an insurance company and shall be conducted under the supervision of the Commissioner pursuant to Article 30 of this Chapter. The Commissioner may apply for an order directing the rehabilitation or liquidation of a PHP upon one or more grounds set out in Article 30 of this Chapter or when it is the opinion of the Commissioner that the continued operation of the PHP would be hazardous either to the enrollees or to the State. Priority shall be given to DHHS's claims over all other claims in G.S. 58-30-220, except for claims in G.S. 58-30-220(1). To the greatest extent possible, the Commissioner shall provide notice to DHHS prior to seeking an application for an order to rehabilitate or liquidate a PHP under this section. If prior notice is not possible, the Commissioner shall provide the notice to DHHS as soon as possible after seeking the order. History (2018-49, s. 1(a); 2019-179, s. 9(d).) Editor's Note. - This section was enacted as G.S. 58-93-70 and was redesignated as G.S. 58-93-90 at the direction of the Revisor of Statutes. Session Laws 2018-49, s. 1(b), is a severability clause. Effect of Amendments. - Session Laws 2019-179, s. 9(d), effective July 26, 2019, designated the first paragraph as subsection (a); and added subsection (b).
Source: official North Carolina text · Last verified 2026-08-27
Frequently Asked Questions About North Carolina § 58-93-90
What does North Carolina General Statutes § 58-93-90 cover?
Section 58-93-90 ("Rehabilitation or liquidation of PHP.") 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 § 58-93-90?
A common citation format is "North Carolina General Statutes § 58-93-90" (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 § 58-93-90 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.