N.D. Admin. Code 45-06-02-03

Current through Supplement No. 393, July, 2024
Section 45-06-02-03 - Penalty

If an insurer fails to pay an assessment, in the time prescribed, subject to the hearing requirements of North Dakota Century Code chapter 28-32, its membership in the association will cease, and it shall not be permitted to write accident and sickness insurance policies as defined in North Dakota Century Code chapter 26.1-08 in this state.

N.D. Admin Code 45-06-02-03

Effective February 1, 1983.

General Authority: NDCC 26.1-08-03

Law Implemented: NDCC 26.1-08-03(4)