118 chapters · 1,589 sections in this title.
N.D.C.C. § 26.1-10-01 Definitions
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As used in this chapter, unless the context or subject matter otherwise requires: 1. "Affiliate" means a person that directly, or indirectly through one or more intermediaries, controls, or is under the control of, or is under common control with, the person specified. 2. "Contro…
N.D.C.C. § 26.1-10-02 Subsidiaries of insurers
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1. Any domestic insurer, either by itself or in cooperation with one or more persons, may organize or acquire one or more subsidiaries. A subsidiary may conduct any kind of business and its authority to do so is not limited because it is a subsidiary of a domestic insurer. 2. In …
N.D.C.C. § 26.1-10-03 Acquisition of control of or merger with domestic insurer - Penalties
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1. a. A person other than the issuer may not make a tender offer for or a request or invitation for tenders of, or enter into any agreement to exchange securities for, seek to acquire, or acquire, in the open market or otherwise, any voting security of a domestic insurer if, afte…
N.D.C.C. § 26.1-10-03.1 Acquisitions involving insurers not otherwise covered
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1. For the purpose of this section: a. "Acquisition" means any agreement, arrangement, or activity the consummation of which results in a person acquiring directly or indirectly the control of another person, and includes the acquisition of voting securities, the acquisition of a…