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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 HouseHouse2021-05-10Passed 1st ReadingHouse2021-05-10Regular Message Received From SenateHouse2021-05-10Regular Message Sent To HouseSenate2021-05-07Passed 3rd ReadingSenate2021-05-06Passed 2nd ReadingSenate2021-05-06Reptd FavSenate2021-05-05Re-ref Com On Rules and Operations of the SenateSenate2021-05-04Reptd FavSenate2021-05-04Re-ref Com On Commerce and InsuranceSenate2021-04-27Com Substitute AdoptedSenate2021-04-27Reptd Fav Com SubstituteSenate2021-04-27Re-ref to Judiciary. If fav, re-ref to Commerce and Insurance. If fav, re-ref to Rules and Operations of the SenateSenate2021-04-20Withdrawn From ComSenate2021-04-20Re-ref to Judiciary. If fav, re-ref to Rules and Operations of the SenateSenate2021-04-13Withdrawn From ComSenate2021-04-13Ref To Com On Rules and Operations of the SenateSenate2021-04-07Passed 1st ReadingSenate2021-04-07FiledSenate2021-04-06
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FiledNo fiscal notes available.Edition 1No fiscal notes available.Edition 2No fiscal notes available.
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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.