N.D. Admin. Code 45-06-09-08

Current through Supplement No. 393, July, 2024
Section 45-06-09-08 - Bonding protection

Health insurance cooperatives collecting premiums shall provide bonding coverage for cooperative employees handling funds. Evidence of bond coverage sufficient to cover the volume of premium collected by the purchasing cooperative must be filed with the annual report required under subdivision b of subsection 3 of section 45-06-09-04.

N.D. Admin Code 45-06-09-08

Effective August 1, 1994.

General Authority: NDCC 26.1-01-07.4

Law Implemented: NDCC 26.1-01-07.4