Statutes, codes, and regulations
North Dakota Administrative Code
Title 45 - Insurance, Commissioner ofArticle 45-03 - Regulation of Insurance Companies
Chapter 45-03-07.1 - Credit for Reinsurance Model Regulation
Section 45-03-07.1-01 - Credit for reinsurance - Reinsurer licensed in this state

N.D. Admin. Code 45-03-07.1-01

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Current through Supplement No. 394, October, 2024
Section 45-03-07.1-01 - Credit for reinsurance - Reinsurer licensed in this state

Pursuant to subsection 2 of North Dakota Century Code section 26.1-31.2-01, the commissioner shall allow credit for reinsurance ceded by a domestic insurer to an assuming insurer that was licensed in this state as of any date on which statutory financial statement credit for reinsurance is claimed.

N.D. Admin Code 45-03-07.1-01

Effective October 1, 1995; amended effective October 1, 2002.
Amended by Administrative Rules Supplement 2016-359, January 2016, effective 1/1/2016.
Amended by Administrative Rules Supplement 2022-384, April 2022, effective 4/1/2022.

General Authority: NDCC 26.1-31.2-04

Law Implemented: NDCC 26.1-31.2