N.D. Cent. Code § 26.1-33-04

Current through 2023 Legislative Sessions
Section 26.1-33-04 - Single premium and nonparticipating life policies

A single premium life insurance policy may be issued in any form prescribed in this chapter omitting therefrom provisions or portions thereof applicable only to other than single premium policies. A nonparticipating life insurance policy may be issued in any form prescribed in this chapter if the policy contains a provision that the policy is nonparticipating, and the policy omits clauses for participation in the surplus of the company.

N.D.C.C. § 26.1-33-04