AN ACT to repeal outdated and unnecessary insurance reporting requirements, as recommended by the Department of Insurance.

The General Assembly of North Carolina enacts:

SECTION 1.  G.S. 58‑2‑165(b) reads as rewritten:
"(b)	The Commissioner may require statements under this section and G.S. 58‑2‑190 to be filed in a format that can be read by electronic data processing equipment, provided that this subsection does not apply to an audited financial statement prepared by a certified public accountant that is submitted by a town or county mutual pursuant to subsection (a1) of this section."
SECTION 2.  G.S. 58‑2‑170 is repealed.
SECTION 3.  G.S. 58‑36‑3(c) is repealed.
SECTION 4.  G.S. 58‑40‑130(e) is repealed.
SECTION 5.  G.S. 58‑50‑95 is repealed.
SECTION 6.  G.S. 58‑3‑191(a) and (b1) are repealed.
SECTION 7.  G.S. 58‑67‑140(a)(7) is repealed.
SECTION 8.  This act is effective when it becomes law.
In the General Assembly read three times and ratified this the 11th day of June, 2015.

	s/	 Daniel J. Forest
	 President of the Senate

	s/	 Tim Moore
	 Speaker of the House of Representatives

	s/	 Pat McCrory
	 Governor

Approved 10:02 a.m. this 19th day of June, 2015