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

N.D. Cent. Code § 26.1-26.5-05: Liability of controlling insurance broker in the event of insolvency of controlled insurer

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Where this section sits in the code
  1. Title 26.1 Insurance
  2. Chapter 26.1-26.5 Insurance Broker Controlled Insurer

If the commissioner has reason to believe that a controlling insurance broker has committed or is committing an act which could be determined to be a violation, and that the violation substantially contributed to the insolvency of a controlled insurer, the commissioner or receiver may maintain a civil action against the controlling insurance broker for all damages caused by the insurance broker's acts.

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

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