N.D. Cent. Code § 26.1-42.1-13: Recognition of assessments in rates
Where this section sits in the code
- Title 26.1 Insurance
- Chapter 26.1-42.1 Insurance Guaranty Association
The rate and premiums charged for insurance policies to which this chapter applies must include amounts sufficient to recoup a sum equal to the amounts paid to the association by the member insurer less any amounts returned to the member insurer by the association. These rates may not be determined to be excessive because they contain an amount reasonably calculated to recoup assessments paid by the member insurer.
Collected 2026-09-02T21:04:14Z. Source file · JSON