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Forming a protected cell captive insurance company.

G.S. 58-10-500
in effect
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§ 58-10-500.  Forming a protected cell captive insurance company. (a) One or more sponsors may form a protected cell captive insurance company under this Subpart. (b) A protected cell captive insurance company shall be incorporated as a stock insurer with its capital divided into shares and held by the stockholders, as a mutual corporation, as a nonprofit corporation with one or more members, or as a manager-managed limited liability company. (2013-116, s. 1.)
Source: North Carolina General Assembly (ncleg.gov)URL: https://www.ncleg.gov/EnactedLegislation/Statutes/HTML/BySection/Chapter_58/GS_58-10-500.htmlFetched: 10/19/2026

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