North Carolina § 87-15.9 Subrogation for reimbursement made

North Carolina Statutes

§ 87-15.9 — Subrogation for reimbursement made

North Carolina § 87-15.9

Ch. 87Contractors

Art. 1AHomeowners Recovery Fund

This text of North Carolina § 87-15.9 (Subrogation for reimbursement made) is published on Counsel Stack Legal Research, covering North Carolina primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

N.C. Gen. Stat. § 87-15.9 (2026).

Text

The Board is subrogated to an applicant who is reimbursed from the Fund in the amount reimbursed and may bring an action against the general contractor whose conduct caused the reimbursable loss, the general contractor's assets, or the general contractor's estate. The Board may enforce any claims it may have for restitution or otherwise, and may employ and compensate consultants, agents, legal counsel, and others it finds necessary and appropriate to carry out its authority under this section.

Free access — add to your briefcase to read the full text and ask questions with AI

The Board is subrogated to an applicant who is reimbursed from the Fund in the amount reimbursed and may bring an action against the general contractor whose conduct caused the reimbursable loss, the general contractor's assets, or the general contractor's estate. The Board may enforce any claims it may have for restitution or otherwise, and may employ and compensate consultants, agents, legal counsel, and others it finds necessary and appropriate to carry out its authority under this section.