N.D. Cent. Code § 26.1-42.1-03: Creation of the association
Where this section sits in the code
- Title 26.1 Insurance
- Chapter 26.1-42.1 Insurance Guaranty Association
A nonprofit unincorporated legal entity known as the North Dakota insurance guaranty association is created. Every insurer defined as a member insurer in section 26.1-42.1-02 shall be and remain a member of the association as a condition of that insurer's authority to transact insurance in this state. The association shall perform association functions under a plan of operation established and approved under section 26.1-42.1-05 and shall exercise association powers through a board of directors established under section 26.1-42.1-04.
Collected 2026-09-02T21:04:14Z. Source file · JSON