{"data":{"id":"us-nd/n.d.-cent.-code-26.1-23.1-05","jurisdiction":"us-nd","citation":"N.D. Cent. Code § 26.1-23.1-05","heading":"Investment of assets - Subsidiary insurance company coverage","body":"A government self-insurance pool may only invest its funds and accumulations in those investments described in sections 26.1-05-19 and 26.1-10-02. If a government self-insurance pool investment is made under section 26.1-10-02, a resulting subsidiary insurance company may not write insurance coverage for:\n1.North Dakota governmental entities, which competes with coverage offered by the fire and tornado fund under chapter 26.1-22 as that chapter existed on December 31, 1988;\n2.Individuals;\n3.For-profit organizations;\n4.Nonprofit hospitals, clinics, nursing homes, churches, fraternal organizations, or organizations not performing quasi-governmental functions; or\n5.Agricultural business cooperatives.","path":["Title 26.1 Insurance","Chapter 26.1-23.1 Government Self-Insurance Pools"],"source_url":"https://ndlegis.gov/cencode/t26-1c23-1.pdf","current_through":"2026-07-31T11:12:02","vintage":"","retrieved_at":"2026-09-02T21:04:14Z","sha256":"59b4bc308068dc463644d0cff4f38ce7da81ac53d9700dc69a43d6dd5e1381be","source_id":"us-nd","stale":true,"prev":"us-nd/n.d.-cent.-code-26.1-23.1-04","next":"us-nd/n.d.-cent.-code-26.1-23.1-06"},"notice":"GroundRules: Original legal text. Not legal advice."}