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North Dakota Century Code Title 26.1. Insurance § 26.1-03.1-09. Supplemental provisions--Rules--Exemption

Current as of January 01, 2024 | Updated by Findlaw Staff

1. This chapter is supplemental to any other laws of this state, and does not preclude or limit any other powers or duties of the commissioner under these laws, including chapters 26.1-06.1 and 26.1-06.2.

2. The commissioner may adopt rules necessary for the implementation of this chapter.

3. The commissioner may exempt from the application of this chapter any domestic property and casualty insurer that:

a. Writes direct business only in this state;

b. Writes direct annual premiums less than an amount determined by the commissioner; and

c. Assumes no reinsurance in excess of five percent of direct premium written.

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Cite this article: FindLaw.com - North Dakota Century Code Title 26.1. Insurance § 26.1-03.1-09. Supplemental provisions--Rules--Exemption - last updated January 01, 2024 | https://codes.findlaw.com/nd/title-26-1-insurance/nd-cent-code-sect-26-1-03-1-09/

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