§ 58-5-1 Deposits; use of master trust
§ 58-5-5 Amount of deposits required of foreign or alien fire and/or marine insurance companies
§ 58-5-10 Amount of deposits required of foreign or alien fidelity, surety and casualty insurance companies
§ 58-5-15 Minimum deposit required upon admission
§ 58-5-20 Type of deposits
§ 58-5-25 Replacements upon depreciation of securities
§ 58-5-30 Power of attorney
§ 58-5-35 Securities held by Treasurer; faith of State pledged therefor; nontaxable
§ 58-5-40 Authority to increase deposit
§ 58-5-50 Deposits of foreign life insurance companies
§ 58-5-55 Deposits of capital and surplus by domestic insurance companies
§ 58-5-63 Interest; liquidation of deposits for liabilities
§ 58-5-70 Lien of policyholders; action to enforce
§ 58-5-71 Liens of policyholders; subordination
§ 58-5-75 Substitution for securities paid
§ 58-5-80 Return of deposits
§ 58-5-90 Deposits held in trust by Commissioner or Treasurer
§ 58-5-95 Deposits subject to approval and control of Commissioner
§ 58-5-100 Deposits by alien companies required and regulated
§ 58-5-105 Deposits by life companies not chartered in United States
§ 58-5-110 Registration of bonds deposited in name of Treasurer or Commissioner
§ 58-5-115 Notation of registration; release
§ 58-5-120 Expenses of registration

Terms Used In North Carolina General Statutes > Chapter 58 > Article 5 - Deposits and Bonds by Insurance Companies

  • Answer: The formal written statement by a defendant responding to a civil complaint and setting forth the grounds for defense.
  • Contract: A legal written agreement that becomes binding when signed.
  • Equitable: Pertaining to civil suits in "equity" rather than in "law." In English legal history, the courts of "law" could order the payment of damages and could afford no other remedy. See damages. A separate court of "equity" could order someone to do something or to cease to do something. See, e.g., injunction. In American jurisprudence, the federal courts have both legal and equitable power, but the distinction is still an important one. For example, a trial by jury is normally available in "law" cases but not in "equity" cases. Source: U.S. Courts
  • Evidence: Information presented in testimony or in documents that is used to persuade the fact finder (judge or jury) to decide the case for one side or the other.
  • Jurisdiction: (1) The legal authority of a court to hear and decide a case. Concurrent jurisdiction exists when two courts have simultaneous responsibility for the same case. (2) The geographic area over which the court has authority to decide cases.
  • Liabilities: The aggregate of all debts and other legal obligations of a particular person or legal entity.
  • Lien: A claim against real or personal property in satisfaction of a debt.
  • Obligation: An order placed, contract awarded, service received, or similar transaction during a given period that will require payments during the same or a future period.
  • Power of attorney: A written instrument which authorizes one person to act as another's agent or attorney. The power of attorney may be for a definite, specific act, or it may be general in nature. The terms of the written power of attorney may specify when it will expire. If not, the power of attorney usually expires when the person granting it dies. Source: OCC
  • Precedent: A court decision in an earlier case with facts and law similar to a dispute currently before a court. Precedent will ordinarily govern the decision of a later similar case, unless a party can show that it was wrongly decided or that it differed in some significant way.
  • property: shall include all property, both real and personal. See North Carolina General Statutes 12-3
  • Settlement: Parties to a lawsuit resolve their difference without having a trial. Settlements often involve the payment of compensation by one party in satisfaction of the other party's claims.
  • state: when applied to the different parts of the United States, shall be construed to extend to and include the District of Columbia and the several territories, so called; and the words "United States" shall be construed to include the said district and territories and all dependencies. See North Carolina General Statutes 12-3
  • Statute: A law passed by a legislature.
  • Trustee: A person or institution holding and administering property in trust.
  • United States: shall be construed to include the said district and territories and all dependencies. See North Carolina General Statutes 12-3
  • Writ: A formal written command, issued from the court, requiring the performance of a specific act.