N.D. Cent. Code § 26.1-21-21
Current through 2023 Legislative Sessions
The commissioner may reinsure any part of any liability in excess of twenty-five thousand dollars upon any one public official, or group of public officials and public employees under a blanket bond, at a cost not exceeding the rate of premium provided for in this chapter, and the expense of such reinsurance must be paid out of the fund.
N.D.C.C. § 26.1-21-21