Producer and company rehabilitation

N.D.C.C. § 26.1-26.1-02 — under Independent Insurance Agent Contract Termination.

N.D.C.C. § 26.1-26.1-02

In an effort to avoid termination, a property and casualty insurance company and an independent insurance producer may endeavor to reach mutual agreement on a written plan for rehabilitation for a period of time agreed upon by them. Any written plan agreed upon must identify the problem areas and specify what the insurance producer must do in order to avoid termination.