North Carolina Statutes
§ 97-142 — Disposition of assets upon dissolution
North Carolina § 97-142
JurisdictionNorth Carolina
Ch. 97Workers' Compensation Act
Art. 4North Carolina Self-Insurance Security Association
This text of North Carolina § 97-142 (Disposition of assets upon dissolution) 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. § 97-142 (2026).
Text
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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Legislative History
(1985 (Reg. Sess., 1986), c. 1013, s. 1.)
Nearby Sections
15
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Bluebook (online)
North Carolina § 97-142, Counsel Stack Legal Research, https://law.counselstack.com/statute/nc/97/97-142.