North Carolina Structured Settlement Protection Act NORTH CAROLINA GENERAL STATUTES Chapter 1. CIVIL PROCEDURE Subchapter XV. INCIDENTAL PROCEDURE IN CIVIL ACTIONS Article 44B § 1-543.11. Definitions. For purposes of this Article: (1) “Annuity issuer” means an insurer that has issued an annuity or insurance contract used to fund periodic payments under a structured settlement; (2) “Discounted present value” means the fair present value of future payments, as determined by discounting such payments to the present utilizing the tables adopted in Article 5 of Chapter 8 of the General Statutes; (3) “Independent professional advice” means advice of an attorney, certified public […]