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North Dakota Century Code Title 32. Judicial Remedies § 32-12.1-07. Authorized insurance

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

1. The insurance authorized by this chapter may be provided by:

a. Self-insurance, which may be funded by appropriations to establish or maintain reserves for self-insurance purposes.

b. An insurance company authorized to do business in this state which the commissioner has determined to be responsible and financially sound, considering the extent of the coverage required.

c. Any combination of the methods of obtaining insurance authorized in subdivisions a and b.

2. This chapter does not prohibit a political subdivision from uniting with other political subdivisions in order to purchase liability insurance or to self-insure.

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Cite this article: FindLaw.com - North Dakota Century Code Title 32. Judicial Remedies § 32-12.1-07. Authorized insurance - last updated January 01, 2024 | https://codes.findlaw.com/nd/title-32-judicial-remedies/nd-cent-code-sect-32-12-1-07/

Read this complete North Dakota Century Code Title 32. Judicial Remedies § 32-12.1-07. Authorized insurance on Westlaw

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 or via Westlaw before relying on it for your legal needs.

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