N.D. Cent. Code § 26.1-44-06.1

Current through 2023 Legislative Sessions
Section 26.1-44-06.1 - Reports and policy changes
1. If the insured's home state is this state, no later than March first of each year, each surplus lines producer shall file with the commissioner on forms prescribed by the commissioner an annual tax statement of all surplus lines insurance transacted during the preceding calendar year, including:
a. Aggregate gross premiums written;
b. Aggregate return premiums; and
c. Amount of aggregate tax remitted.
2. An annual tax statement is not required to be filed if a surplus lines producer has transacted no surplus lines insurance during the preceding calendar year.
3.
a. If the insured's home state is this state, each surplus lines producer shall file with the commissioner in the manner prescribed by the commissioner any surplus lines insurance endorsement, audit, or cancellation as follows:
(1) After any change to the initial surplus lines insurance placement which changes the insurance premium amount; or
(2) After the producer obtains knowledge of any change to the initial surplus lines insurance placement which changes the insurance premium amount and the producer is able to provide written proof to the commissioner of the date the producer obtained knowledge of the change.
b. Any endorsement, audit, or cancellation subject to subdivision a must be filed no later than March first for the calendar quarter ending the preceding December thirty-first, June first for the calendar quarter ending the preceding March thirty-first, September first for the calendar quarter ending the preceding June thirtieth, or December first for the calendar quarter ending the preceding September thirtieth of each year.

N.D.C.C. § 26.1-44-06.1

Amended by S.L. 2019, ch. 248 (HB 1075),§ 5, eff. 3/8/2019.
Amended by S.L. 2015, ch. 225 (SB 2187),§ 1, eff. 6/1/2015.
Amended by S.L. 2015, ch. 224 (HB 1146),§ 3, eff. 6/1/2015.
Added by S.L. 2011, ch. 223 (HB 1123),§ 9, eff. 4/19/2011.