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Current as of January 01, 2024 | Updated by Findlaw Staff
1. A discount plan organization may charge a periodic charge as well as a reasonable one-time processing fee for a discount plan.
2. If a member cancels the member's membership in the discount plan organization within the first thirty days after the date of receipt of the signed consumer contract or agreement, the member shall receive a reimbursement of all periodic charges.
3. If the discount plan organization cancels a membership for any reason other than nonpayment of charges by the member, the discount plan organization shall make a pro rata reimbursement of all periodic charges to the member.
Cite this article: FindLaw.com - North Dakota Century Code Title 26.1. Insurance § 26.1-53.1-14. Charges and fees--Refund requirements - last updated January 01, 2024 | https://codes.findlaw.com/nd/title-26-1-insurance/nd-cent-code-sect-26-1-53-1-14/
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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