State Codes and Statutes

Statutes > North-carolina > Chapter_58 > GS_58-30-45

§58‑30‑45.  Utility service.

(a)        Except as providedin subsection (b) of this section, a utility may not alter, refuse, ordiscontinue service to, or discriminate against, the receiver or the insurersolely on the basis that a debt owed by the insurer to such utility for servicerendered before an order of rehabilitation or liquidation was not paid whendue.

(b)        Such utility mayalter, refuse, or discontinue service if neither the receiver nor the insurer,within 20 days after the date of an order of rehabilitation or liquidation,furnishes adequate assurance of payment, in the form of a deposit or othersecurity, for services after such date.  On request of a party in interest andafter notice and a hearing, the Court may order reasonable modification of theamount of the deposit or other security necessary to provide adequate assuranceof payment. (1989, c. 452, s. 1.)

State Codes and Statutes

Statutes > North-carolina > Chapter_58 > GS_58-30-45

§58‑30‑45.  Utility service.

(a)        Except as providedin subsection (b) of this section, a utility may not alter, refuse, ordiscontinue service to, or discriminate against, the receiver or the insurersolely on the basis that a debt owed by the insurer to such utility for servicerendered before an order of rehabilitation or liquidation was not paid whendue.

(b)        Such utility mayalter, refuse, or discontinue service if neither the receiver nor the insurer,within 20 days after the date of an order of rehabilitation or liquidation,furnishes adequate assurance of payment, in the form of a deposit or othersecurity, for services after such date.  On request of a party in interest andafter notice and a hearing, the Court may order reasonable modification of theamount of the deposit or other security necessary to provide adequate assuranceof payment. (1989, c. 452, s. 1.)


State Codes and Statutes

State Codes and Statutes

Statutes > North-carolina > Chapter_58 > GS_58-30-45

§58‑30‑45.  Utility service.

(a)        Except as providedin subsection (b) of this section, a utility may not alter, refuse, ordiscontinue service to, or discriminate against, the receiver or the insurersolely on the basis that a debt owed by the insurer to such utility for servicerendered before an order of rehabilitation or liquidation was not paid whendue.

(b)        Such utility mayalter, refuse, or discontinue service if neither the receiver nor the insurer,within 20 days after the date of an order of rehabilitation or liquidation,furnishes adequate assurance of payment, in the form of a deposit or othersecurity, for services after such date.  On request of a party in interest andafter notice and a hearing, the Court may order reasonable modification of theamount of the deposit or other security necessary to provide adequate assuranceof payment. (1989, c. 452, s. 1.)