North Carolina Statutes

§ 97-142 — Disposition of assets upon dissolution

North Carolina·Ch. 97 Workers' Compensation Act·Art. 4 North Carolina Self-Insurance Security Association
In the event of dissolution of the Association, all assets remaining after provision for satisfaction of all outstanding claims shall be distributed to the State Treasurer for establishment of a reserve to satisfy potential claims against the Association and, all such claims being satisfied, for inclusion in the general fund of the State.

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North Carolina § 97-142 (Disposition of assets upon dissolution) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

Legislative History

(1985 (Reg. Sess., 1986), c. 1013, s. 1.)

Nearby Sections

15
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