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Current as of January 01, 2024 | Updated by Findlaw Staff
1. An action may not be brought against the fund until a claim has been presented to the office under this chapter and the office has refused to allow the claim.
2. An action brought against the fund for a claim must be commenced within one year after presenting the claim to the office. The liability of the fund is limited to a breach of a condition of the bond which occurred within two years before the date of presenting the claim to the office.
Cite this article: FindLaw.com - North Dakota Century Code Title 26.1. Insurance § 26.1-21-14. Action against the fund--Failure to act is disallowance--Limitation--Interest - last updated January 01, 2024 | https://codes.findlaw.com/nd/title-26-1-insurance/nd-cent-code-sect-26-1-21-14/
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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