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North Dakota Century Code Title 26.1. Insurance § 26.1-13-12. General powers, liabilities, and duties of county mutual company--Office--Name--Limitations

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

A county mutual insurance company has the powers and is subject to the liabilities and duties of other insurance companies, except:

1. If the company is organized by the residents of a single county, the name of the county together with the word “county” must be embraced in the corporate name of the company.

2. Notwithstanding contrary territorial limitations in this chapter, a county mutual insurance company may operate and issue the following policies in all the counties of the state:

a. Protection against loss or damage by any covered hazard to a seasonal dwelling if the primary residence is insured by the company in an authorized county.

b. Protection against loss or damage by tornadoes;

c. Protection against loss or damage by windstorms;

d. Protection against loss or damage by cyclones;

e. Protection against loss or damage by hail, except upon growing crops; and

f. Protection against loss or damage by any hazard upon any risk upon livestock.

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Cite this article: FindLaw.com - North Dakota Century Code Title 26.1. Insurance § 26.1-13-12. General powers, liabilities, and duties of county mutual company--Office--Name--Limitations - last updated January 01, 2024 | https://codes.findlaw.com/nd/title-26-1-insurance/nd-cent-code-sect-26-1-13-12/

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