N.C. Gen. Stat. § 97-140

Current through Session Law 2024-58
Section 97-140 - Nonduplication of recovery

Any person having a covered claim that may be recovered under more than one insurance or self-insurance guaranty or security association or its equivalent shall seek recovery first from the association of the place or residence of the claimant. Any recovery under this Article shall be reduced by the amount of recovery from any other insurance guaranty or security association or its equivalent.

N.C. Gen. Stat. § 97-140

Amended by 2005 N.C. Sess. Laws 400, s. 7, eff. 1/1/2006.
1985 (Reg. Sess., 1986), c. 1013, s. 1.