A BILL TO BE ENTITLED
AN act clarifying the Applicability of the cap on insurance referral fees paid to nonlicensed persons.
The General Assembly of North Carolina enacts:
SECTION 1.  G.S. 58‑33‑82(f) reads as rewritten:
"(f)	No commission, fee, or other valuable consideration authorized under subsection (e) of this section for the referral of insurance business by an unlicensed individual to a producer licensed under G.S. 58‑33‑26(c1)(6) shall exceed fifty dollars ($50.00) in value. A violation of this subsection may be punished by a fine not to exceed two thousand dollars ($2,000) for each violation."
SECTION 2.  This act becomes effective October 1, 2025, and applies to any referral of insurance business made on or after that date.