NORTH CAROLINA GENERAL ASSEMBLY
1963 SESSION
CHAPTER 1148
HOUSE BILL 827
AN ACT TO CLARIFY THE MEANING OF POLICIES OF FIRE AND EXTENDED COVERAGE INSURANCE ISSUED PURSUANT TO G.S. 58-177 AND G.S. 58-126.1 AND PROVIDING THAT SUCH POLICIES, UNLESS SPECIFICALLY ENDORSED, DO NOT COVER LOSS OR DAMAGE CAUSED BY NUCLEAR REACTION OR NUCLEAR RADIATION OR RADIOACTIVE CONTAMINATION.
WHEREAS, the standard fire insurance policy as set forth in G.S. 58-176, or any permissible variation thereof, and policies issued pursuant to G.S. 58-177 and G.S. 58-126.1 are not intended to cover loss or damage caused by nuclear reaction or nuclear radiation or radioactive contamination, all whether directly or indirectly resulting from an insured peril under said policy; and
WHEREAS, it is desirable in the public interest that written notice of such intention be given to person insured under such standard fire insurance policy or any permissible variation thereof: Now, therefore,
The General Assembly of North Carolina do enact:
Section 1. Insurers issuing the standard fire insurance policy pursuant to G.S. 58‑176, or any permissible variation thereof, and policies issued pursuant to G.S. 58-177 and G.S. 58-126.1, are hereby authorized to affix thereto or include therein a written statement that the policy does not cover loss or damage caused by nuclear reaction or nuclear radiation or radioactive contamination, all whether directly or indirectly resulting from an insured peril under said policy; provided, however, that nothing herein contained shall be construed to prohibit the attachment to any such policy of an endorsement or endorsements specifically assuming coverage for loss or damage caused by nuclear reaction or nuclear radiation or radioactive contamination.
Sec. 2. All laws and clauses of laws in conflict with this Act are hereby repealed.
Sec. 3. This Act shall be in full force and effect from and after its ratification.
In the General Assembly read three times and ratified, this the 24th day of June, 1963.