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Preamble
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Art VII - Ratification

North Carolina General Statutes § 58-15-70 Distribution to subscribers

Legal Research Home > North Carolina Lawyer

A reciprocal may return to its subscribers any savings or credits accruing to their accounts. Any such distribution shall not unfairly discriminate between classes of risks or policies or between subscribers. However, the distribution may vary for classes of subscribers based upon the experience of those classes. (1989, c. 425, s. 1.)

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Last modified: February 21, 2012