Title 26.1 — Insurance
118 chapters · 1,472 sections in this title.
N.D.C.C. § 26.1-06.2-01 Definitions
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As used in this chapter: 1. "Consent" means agreement to administrative supervision by the insurer. 2. "Exceeded its powers" means any of the following conditions: a. The insurer has refused to permit examination of its books, papers, accounts, records, or affairs by the commissi…
N.D.C.C. § 26.1-06.2-02 Scope
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The provisions of this chapter apply to: 1. All domestic insurers. 2. Any other insurer doing business in this state whose state of domicile has asked the commissioner to apply the provisions of this chapter as regards such insurer. 26.1-06.2-03. Notice to comply with written req…
N.D.C.C. § 26.1-06.2-04 Confidentiality of certain proceedings and records
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1. Notwithstanding any other provision of law and except as set forth in this section, proceedings, hearings, notices, correspondence, reports, records, and other information in the possession of the commissioner or the department relating to the supervision of any insurer are co…
N.D.C.C. § 26.1-06.2-05 Prohibited acts during supervision
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During the period of supervision, the commissioner or the commissioner's designated appointee shall serve as the administrative supervisor. The commissioner may provide that the insurer may not do any of the following things during the period of supervision, without the prior app…
N.D.C.C. § 26.1-06.2-06 Review and stay of action
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During the period of supervision the insurer may contest an action taken or proposed to be taken by the supervisor specifying the manner wherein the action being complained of would not result in improving the condition of the insurer. Denial of the insurer's request upon reconsi…
N.D.C.C. § 26.1-06.2-07 Administrative election of proceedings
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Nothing contained in this chapter precludes the commissioner from initiating judicial proceedings to place an insurer in conservation, rehabilitation, or liquidation proceedings or other delinquency proceedings, however designated under the laws of this state, regardless of wheth…
N.D.C.C. § 26.1-06.2-08 Rules
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The commissioner may adopt reasonable rules necessary for the implementation of this chapter. 26.1-06.2-09. Other laws - Conflicts - Meetings between the commissioner and the supervisor. Notwithstanding any other provision of law, the commissioner may meet with a supervisor appoi…
N.D.C.C. § 26.1-06.2-10 Immunity
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There is no liability on the part of, and no cause of action of any nature may arise against, the commissioner or the department or its employees or agents for any action taken by them in the performance of their powers and duties under this chapter.