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No events on calendar for this bill.
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Ref To Com On Rules, Calendar, and Operations of the HouseHouse | 2021-05-10Passed 1st ReadingHouse | 2021-05-10Regular Message Received From SenateHouse | 2021-05-10Regular Message Sent To HouseSenate | 2021-05-07Passed 3rd ReadingSenate | 2021-05-06Passed 2nd ReadingSenate | 2021-05-06Reptd FavSenate | 2021-05-05Re-ref Com On Rules and Operations of the SenateSenate | 2021-05-04Reptd FavSenate | 2021-05-04Re-ref Com On Commerce and InsuranceSenate | 2021-04-27Com Substitute AdoptedSenate | 2021-04-27Reptd Fav Com SubstituteSenate | 2021-04-27Re-ref to Judiciary. If fav, re-ref to Commerce and Insurance. If fav, re-ref to Rules and Operations of the SenateSenate | 2021-04-20Withdrawn From ComSenate | 2021-04-20Re-ref to Judiciary. If fav, re-ref to Rules and Operations of the SenateSenate | 2021-04-13Withdrawn From ComSenate | 2021-04-13Ref To Com On Rules and Operations of the SenateSenate | 2021-04-07Passed 1st ReadingSenate | 2021-04-07FiledSenate | 2021-04-06
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DEATH & DYING
INSURANCE
INSURANCE
LIFE
PUBLIC
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58 (Chapters); 58-58-96 (Sections)
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No counties specifically cited.
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S574: Life Insurance Beneficiary Changes. Latest Version
Session: 2021 - 2022
AN ACT to allow a change of beneficiary under a life insurance policy if that beneficiary was selected under FRAUDULENT circumstances or false pretenses.
The General Assembly of North Carolina enacts:
SECTION 1. Part 3 of Article 58 of Chapter 58 of the General Statutes is amended by adding a new section to read:
§ 58‑58‑96. Ability to change beneficiary.
No life insurance company in this State shall prohibit the owner of a life insurance policy from making a change to a beneficiary, other than an irrevocable beneficiary, of that owner's policy if the current beneficiary was selected under fraudulent circumstances or false pretenses.
SECTION 2. This act is effective when it becomes law and applies to life insurance policies issued, renewed, or amended on or after that date.