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Current as of January 01, 2024 | Updated by Findlaw Staff
Any failure to comply with section 26.1-11-01 renders each officer, agent, and stockholder of any foreign insurance company failing to comply therewith jointly and severally liable on all contracts of the company made within this state during the time the company is in default. Each officer and agent of the noncomplying company is guilty of a class A misdemeanor.
Cite this article: FindLaw.com - North Dakota Century Code Title 26.1. Insurance § 26.1-11-02. Liability of officers, agents, and stockholders of noncomplying foreign company--Penalty - last updated January 01, 2024 | https://codes.findlaw.com/nd/title-26-1-insurance/nd-cent-code-sect-26-1-11-02/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature before relying on it for your legal needs.
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