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North Dakota · Through 2026-07-31T11:12:02 · Newer source version available

N.D. Cent. Code § 26.1-06-06: Offenses punishable by the commissioner - Penalty

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Where this section sits in the code
  1. Title 26.1 Insurance
  2. Chapter 26.1-06 Takeover Bids For Domestic Companies

The commissioner, by order entered after a hearing on notice duly served on the defendant not less than thirty days before the date of the hearing, if it is proved that the defendant has knowingly made any misrepresentation of a material fact for the purpose of inducing the commissioner to take any action or to refrain from taking action, or has violated this chapter, or any order of the commissioner issued pursuant to this chapter, may impose a penalty not exceeding five thousand dollars.

Collected 2026-09-02T21:04:14Z. Source file · JSON

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