State RegulationsNC specificDifficulty 1/5
The ethical standards rule adopted by the Commissioner at 11 NCAC 4 .0423 governs which of the following?
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Answer & full 3-part explanation (select an option above, or peek)
Why A is correct
11 NCAC 4 .0423, in Chapter 4 of Title 11 of the North Carolina Administrative Code, sets out the ethical standards of conduct expected of producers. The Commissioner enforces these standards alongside the unfair trade practice provisions, and violations can support license action and civil penalties.
Why the other options are wrong
- B) Continuing education hour requirements come from 11 NCAC 6A .0802 and G.S. 58-33-130, not the ethical standards rule.
- C) Appointment filing deadlines are set by G.S. 58-33-40(b), not by 11 NCAC 4 .0423.
- D) Guaranty association coverage limits are fixed by G.S. 58-62-21(d) under an entirely separate scheme.
Memory hook
Chapter 4, rule .0423 - the producer's ethics rulebook.