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§ 58-61-5 — North Carolina Law | CourtGPT
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North Carolina Legal Code

§ 58-61-5

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\nFor purposes of this Article the 'Published Monthly Average' means:\n(1) The Monthly Average of the Composite Yield on Seasoned Corporate Bonds as published by Moody's Investors Service, Inc., or any successor thereto; or\n(2) In the event that the Monthly Average of the Composite Yield on Seasoned Corporate Bonds is no longer published, a substantially similar average, established by regulation issued by the Commissioner. (1981, c. 841, s. 1.)

Source: https://www.ncleg.gov/EnactedLegislation/Statutes/HTML/ByChapter/Chapter_58.html· Version 2026