State Codes and Statutes

Statutes > North-carolina > Chapter_58 > GS_58-56-11

§58‑56‑11.  Payment to TPA.

If an insurer uses theservices of a TPA, the payment to the TPA of any premiums or charges forinsurance by or on behalf of the insured party is considered payment to theinsurer.  The payment of return premiums or claim payments forwarded by theinsurer to the TPA is not considered payment to the insured party or claimantuntil the payments are received by the insured party or claimant.  This sectiondoes not limit any right of the insurer against the TPA resulting from the failureof the TPA to make payments to the insurer, insured parties, or claimants. (1991,c. 627, s. 1.)

State Codes and Statutes

Statutes > North-carolina > Chapter_58 > GS_58-56-11

§58‑56‑11.  Payment to TPA.

If an insurer uses theservices of a TPA, the payment to the TPA of any premiums or charges forinsurance by or on behalf of the insured party is considered payment to theinsurer.  The payment of return premiums or claim payments forwarded by theinsurer to the TPA is not considered payment to the insured party or claimantuntil the payments are received by the insured party or claimant.  This sectiondoes not limit any right of the insurer against the TPA resulting from the failureof the TPA to make payments to the insurer, insured parties, or claimants. (1991,c. 627, s. 1.)


State Codes and Statutes

State Codes and Statutes

Statutes > North-carolina > Chapter_58 > GS_58-56-11

§58‑56‑11.  Payment to TPA.

If an insurer uses theservices of a TPA, the payment to the TPA of any premiums or charges forinsurance by or on behalf of the insured party is considered payment to theinsurer.  The payment of return premiums or claim payments forwarded by theinsurer to the TPA is not considered payment to the insured party or claimantuntil the payments are received by the insured party or claimant.  This sectiondoes not limit any right of the insurer against the TPA resulting from the failureof the TPA to make payments to the insurer, insured parties, or claimants. (1991,c. 627, s. 1.)