Title 26.1 — Insurance
118 chapters · 1,472 sections in this title.
N.D.C.C. § 26.1-55-01 Definitions
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As used in this chapter: 1. "Contract" means an annuity contract issued in this state. The term does not include an annuity used to fund an employment-based retirement plan or program in which the insurer is not committed by terms of the annuity contract to pay death benefits to …
N.D.C.C. § 26.1-55-02 Insurer conduct
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1. Before November 1, 2014, an insurer shall perform a comparison of the insurer's insureds' in-force life insurance policies and retained asset accounts against a death master file in order to identify potential matches of the insurer's insureds. Semiannually, an insurer shall p…
N.D.C.C. § 26.1-55-03 Rulemaking
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The commissioner may adopt rules to limit an insurer's death master file comparisons and revised death master file comparisons required under this chapter to the insurer's electronic searchable files, to allow the commissioner to approve an insurer's plan and timeline for convers…
N.D.C.C. § 26.1-55-04 Application
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Chapter 47-30.2, relating to unclaimed property, applies to a contract or policy to the extent the laws do not conflict with this chapter.
N.D.C.C. § 26.1-55-05 Unfair trade practices - Liability limitation
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Failure to meet any requirement of this chapter is a violation of chapter 26.1-04. This chapter does not create a private cause of action for violation of this chapter. Once an insurer submits unclaimed life insurance benefits or unclaimed retained asset accounts, plus any applic…