The following definitions shall apply in this Part:

(1) Insurable hazards. – A minimum list of perils, risks, or hazards which must be insured against loss, which includes the following: fire, lightning, windstorm, hail, explosion, aircraft or vehicles, riot or civil commotion, smoke, vandalism, sprinkler leakage, sinkhole collapse, volcanic action, falling objects, weight of snow, ice or sleet, or water damage.

Terms Used In North Carolina General Statutes 58-31A-1

  • following: when used by way of reference to any section of a statute, shall be construed to mean the section next preceding or next following that in which such reference is made; unless when some other section is expressly designated in such reference. See North Carolina General Statutes 12-3
  • property: shall include all property, both real and personal. See North Carolina General Statutes 12-3

(2) Public education board. – A local board of education of a local school administrative unit, as defined in N.C. Gen. Stat. § 115C-5(5), a board of trustees of a regional school, as defined in N.C. Gen. Stat. § 115C-238.63, or a board of trustees of a community college, as defined in N.C. Gen. Stat. § 115D-12

(3) Public education property. – Property owned by a local board of education, a regional school board of directors, or a community college board of trustees. (2019-176, s. 3(b); 2021-184, s. 3(a).)