North Carolina § 97-140 - Nonduplication of recovery.
Full text of North Carolina North Carolina General Statutes § 97-140 — Nonduplication of recovery., with citation guidance and answers to common questions.
§ 97-140. Nonduplication of recovery.
Any person having a covered claim that may be recovered under more than one insurance or self-insurance guaranty or security association or its equivalent shall seek recovery first from the association of the place or residence of the claimant. Any recovery under this Article shall be reduced by the amount of recovery from any other insurance guaranty or security association or its equivalent. History (1985 (Reg. Sess., 1986), c. 1013, s. 1; 2005-400, s. 7.) Effect of Amendments. - Session Laws 2005-400, s. 7, effective January 1, 2006, inserted "or security" twice preceding "association or its equivalent."
Source: official North Carolina text · Last verified 2026-08-27
Frequently Asked Questions About North Carolina § 97-140
What does North Carolina General Statutes § 97-140 cover?
Section 97-140 ("Nonduplication of recovery.") 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 § 97-140?
A common citation format is "North Carolina General Statutes § 97-140" (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 § 97-140 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.