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Current as of January 01, 2024 | Updated by Findlaw Staff
Each takeover bid made in violation of the provisions of this chapter constitutes a separate offense. The commissioner may request the offeror to rescind the bid and to make restitution to the offeree, and if the offeror complies with the request no penalty may be imposed on the offeror on account of that illegal takeover bid.
Cite this article: FindLaw.com - North Dakota Century Code Title 26.1. Insurance § 26.1-06-07. Separate offenses - last updated January 01, 2024 | https://codes.findlaw.com/nd/title-26-1-insurance/nd-cent-code-sect-26-1-06-07/
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