GENERAL ASSEMBLY OF NORTH CAROLINA

SESSION 1995

S	1 

SENATE BILL 1145*

Short Title:  Uninsured/Underinsured Coverage.	(Public)

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Sponsors: Senators Soles and Conder.

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Referred to:  Pensions and Retirement/Insurance/State Personnel.

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May 15, 1996

A BILL TO BE ENTITLED
AN ACT TO PROVIDE THAT UNINSURED AND UNDERINSURED MOTORIST COVERAGE MAY BE LIMITED OR EXCLUDED UNDER EXCESS OR UMBRELLA POLICIES AS RECOMMENDED BY THE LEGISLATIVE RESEARCH COMMISSION'S COMMITTEE ON INSURANCE AND INSURANCE-RELATED ISSUES.
The General Assembly of North Carolina enacts:
Section 1.  Article 3 of Chapter 58 is amended by adding a new section to read:
"§ 58-3-152. Excess liability policies; uninsured and underinsured motorist coverage.
With respect to personal and commercial excess or umbrella liability policy forms or coverage, an insurer may limit or exclude coverage for uninsured motorist coverage set forth in G.S. 20-279.21(b)(3) and underinsured motorist coverage set forth in G.S. 20-279.21(b)(4)."
Sec. 2.  This act becomes effective October 1, 1996, and applies to policies issued or renewed on or after that date.