Statutes, codes, and regulations
North Dakota Administrative Code
Title 45 - Insurance, Commissioner ofArticle 45-03 - Regulation of Insurance Companies
Chapter 45-03-12 - Investment, Capital, and Surplus Requirements
Section 45-03-12-01 - Capital and surplus requirements

N.D. Admin. Code 45-03-12-01

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Current through Supplement No. 394, October, 2024
Section 45-03-12-01 - Capital and surplus requirements

In the reasonable exercising of the commissioner's discretion, additional capital and surplus may be required based upon the type, volume, and nature of insurance business transacted.

N.D. Admin Code 45-03-12-01

Effective January 1, 1992.

General Authority: NDCC 28-32-02

Law Implemented: NDCC 26.1-02-02, 26.1-06.1-01, 26.1-10-05