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Home » US Law » 2022 North Carolina General Statutes » Chapter 58 - Insurance » Article 15 - Reciprocal Insurance. » § 58-15-125 – Modification of subscriber's agreement and power of attorney.

58-15-125. Modification of subscriber’s agreement and power of attorney.

Modification of the terms of the subscriber’s agreement and the power of attorney of a domestic reciprocal shall be made jointly by the attorney and the subscriber’s advisory committee. No modification is retroactive nor does it affect any insurance contract issued prior to the modification. (1989, c. 425, s. 1.)