The COVID Project
The record
- Jurisdiction
- North Carolina
- Level
- Sector regulator
- Authority
- N.C. Gen. Stat. 58-2-46 (disaster provisions), 58-46-5
- Issued
- 2020-03-27 Mar. 27, 2020
- Effective
- 2020-03-27
- End
- 2020-04-26 24:00 (extended by 20-B-07 from 2020-04-27 for 30 days) (read as 2020-04-26)
- In force
- Mar. 27, 2020 to Apr. 26, 2020
- Quarters
- 2020 Q2
2020 Q22020 Q32020 Q42021 Q12021 Q22021 Q3
- Limitation types
- Other
- Addressees
- all insurers, premium finance companies, collection agencies and other persons subject to NCGS 58-2-46
- Functions reached
- IN insurance (grace periods and deferrals)
- SV servicing and collections
- CB customers
- Collection
- North Carolina NC
Operative words
On March 27, 2020 Insurance Commissioner Causey issued an order that activated the state of disaster [provisions: the] automatic stay of proof of loss requirements, and premium and debt deferrals as [provided in] NCGS 58-2-46... premium finance companies, collections agencies, and other persons subject [to the Commissioner's jurisdiction are bound]
Enforcement
G.S. 58-2-46; Commissioner's regulatory authority
Notes
Statewide activation covering all 100 counties; the deferral period ran Mar. 27 to Apr. 26, 2020 and was extended to late May 2020 by 20-B-07.