N.D. Admin. Code 45-03-15-02

Current through Supplement No. 394, October, 2024
Section 45-03-15-02 - Reporting of financial information

Every insurance company licensed to do business in this state shall transmit to the commissioner and to the national association of insurance commissioners its most recent financial statements compiled on a quarterly basis, within forty-five days following the calendar quarters ending March thirty-first, June thirtieth, and September thirtieth. The financial statements must be prepared and filed in the form prescribed by the commissioner and in accordance with the national association of insurance commissioners instructions handbook and following the accounting procedures and practices prescribed by the March 2023 version of the national association of insurance commissioners accounting practices and procedures manual for property and casualty and life and health insurance. The commissioner may exempt any company or category or class of companies from the filing requirement.

N.D. Admin Code 45-03-15-02

Amended by Administrative Rules Supplement 2014-352, April 2014, effective April 1, 2014. .
Amended by Administrative Rules Supplement 2016-359, January 2016, effective 1/1/2016.
Amended by Administrative Rules Supplement 374, October 2019, effective 10/1/2019.
Amended by Administrative Rules Supplement 2023-391, January 2024, effective 1/1/2024.

General Authority: NDCC 28-32-02

Law Implemented: NDCC 26.1-02-03, 26.1-02-26, 26.1-03-07, 26.1-03-11.1