20 chapters · 197 sections in this title.
N.D.C.C. § 65-04-01 Classification of employments - Premium rates - Requirements
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1. The organization shall classify employments with respect to their degrees of hazard, determine the risks of different classifications, and fix the rate of premium for each of the classifications sufficiently high to provide for: a. The payment of the expenses of administration…
N.D.C.C. § 65-04-02 Reserves - Surplus
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1. The organization shall maintain adequate financial reserves to ensure the solvency of the fund and the payment of future benefit obligations, based upon actuarially sound principles. The discount rate used in evaluating the financial reserves may not exceed six percent. The le…
N.D.C.C. § 65-04-03 Accounts to be kept for classifications and employers
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The organization shall keep an accurate account of the moneys paid in premiums by each of the several classes of occupations or industries and of the disbursements on account of injuries to and deaths of employees thereof, and it also shall keep an account of the moneys received …
N.D.C.C. § 65-04-03.1 State entities account - Continuing appropriation
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1. The organization shall establish a single workforce safety and insurance account for state entities covered by chapter 32-12.2. The organization shall use the combined payroll, premium, and loss history of selected agencies to determine future experience rates, dividends, asse…