NORTH CAROLINA GENERAL ASSEMBLY

1965 SESSION

 

 

CHAPTER 911

SENATE BILL 524

 

 

AN ACT TO AMEND G.S. 58-49 RELATING TO FALSE OR FRAUDULENT STATEMENTS OR REPRESENTATIONS WITH REFERENCE TO APPLICATIONS FOR INSURANCE.

 

The General Assembly of North Carolina do enact:

 

Section 1.  G.S. 58-49 is hereby amended by rewriting the Section to read as follows:

"G.S. 58-49.  False Statements in Applications for Insurance. If any agent, examining physician, applicant, or other person shall knowingly or wilfully make any false or fraudulent statement or representation in or with reference to any application for insurance, or shall make any such statement for the purpose of obtaining any fee, commission, money or benefit from any company engaged in the business of insurance in this State, he shall be guilty of a misdemeanor, and upon conviction shall be punished by a fine of not less than one hundred dollars ($100.00) nor more than five hundred dollars ($500.00), or imprisonment in the county jail for not less than thirty days nor more than one year, or by both fine and imprisonment, at the discretion of the court. The provisions of this Section shall be applicable to contracts and certificates issued pursuant to Chapters 57 and 58 of the General Statutes."

Sec. 2.  All laws and clauses of laws in conflict with this Act are hereby repealed.

Sec. 3.  This Act shall be in full force and effect on and after July 1, 1965.

In the General Assembly read three times and ratified, this the 10th day of June, 1965.