Terms Used In North Carolina General Statutes 58-39-30

  • Agent: has the meaning as set forth in N. See North Carolina General Statutes 58-39-15
  • Individual: means any natural person who:

    a. See North Carolina General Statutes 58-39-15

  • Insurance institution: means any corporation, association, partnership, reciprocal exchange, inter-insurer, Lloyd's insurer, fraternal benefit society, or other person engaged in the business of insurance, including health maintenance organizations and medical, surgical, hospital, dental, and optometric service plans, governed by Articles 65 through 67 of this Chapter. See North Carolina General Statutes 58-39-15
  • Insurance transaction: means any transaction involving insurance primarily for personal, family, or household needs rather than business or professional needs that entails:

    a. See North Carolina General Statutes 58-39-15

An insurance institution or agent shall clearly specify those questions designed to obtain information solely for marketing or research purposes from an individual in connection with an insurance transaction. (1981, c. 846, s. 1;  2003-262, s. 2(1).)