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FOREMOST INS. CO., INC. v. INGRAM

No. 16.

232 S.E.2d 414 (1977)

292 N.C. 244

FOREMOST INSURANCE COMPANY, INC. v. John Randolph INGRAM, Commissioner of Insurance of the State of North Carolina.

Supreme Court of North Carolina.

March 7, 1977.

Attorney(s) appearing for the Case

Atty. Gen. Rufus L. Edmisten and Asst. Atty. Gen. James Wallace Jr., Raleigh, for Commissioner of Ins., appellant.

Bode & Bode by John T. Bode and Robert V. Bode, Raleigh, for plaintiff-appellee.

MOORE, Justice.

The primary question for review in present case is the interpretation to be placed upon G.S. 58-131.3A [1975 Sess. Laws, c. 670, s. 1] which provides:

"Premium discount for proper mobile home tie-down. — The Commissioner is authorized and directed to implement not less than a ten-percent (10%) discount from the insurance premium otherwise applicable to be allowed in diminution of the premium charged insured under mobile-home...

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