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Current as of January 01, 2024 | Updated by Findlaw Staff
A license issued under this chapter continues in force in perpetuity unless:
1. The license is suspended, revoked, or refused by the commissioner;
2. The licensee voluntarily consents to the suspension, revocation, or refusal of the license;
3. The licensee dies or in the case of a business entity, the licensee is dissolved, consolidated, merged, or otherwise has ceased to exist;
4. The licensee no longer meets the residence requirements of section 26.1-26-19;
5. The individual resident licensee fails to comply with continuing education requirements of this chapter;
6. The individual licensee fails to file the biennial continuation and pay the fee;
7. The surplus lines insurance producer has failed to maintain a resident or nonresident license as an insurance producer as required by section 26.1-26-17, or has failed to pay the annual renewal fee to the commissioner; or
8. The insurance consultant has failed to pay the annual renewal fee to the commissioner.
Cite this article: FindLaw.com - North Dakota Century Code Title 26.1. Insurance § 26.1-26-31. Term of license - last updated January 01, 2024 | https://codes.findlaw.com/nd/title-26-1-insurance/nd-cent-code-sect-26-1-26-31/
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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