Bill Summaries: S123 (2023-2024 Session)

Tracking:
  • Summary date: Mar 28 2023 - View summary

    Senate committee substitute to the 1st edition makes the following changes. Amends GS 58-3-149(d) to create a civil penalty of up to $5,000 for when a person knowingly prepares, issues, requests or requires a certificate of insurance that includes information not required in the underlying insurance policy, in addition to other statutory violations listed in GS 58-3-149(d). Makes conforming changes to act’s long title.


  • Summary date: Feb 16 2023 - View summary

    As title indicates, amends GS 58-3-149 (governing certificates of insurance) to prohibit any person from knowingly preparing, issuing, requesting, or requiring a certificate of insurance that includes information not required in the underlying insurance policy. Effective October 1, 2023.