N.D. Cent. Code § 4.1-59-23
Current through 2023 Legislative Sessions
Each surety on the insolvent licensee's bonds must be joined as a party to the insolvency proceeding. If it is in the best interests of the receiptholders, the court may order a surety to deposit some or all of the penal sum of the bond into the trustee's trust account pending determination of the surety's liability under the bond.
N.D.C.C. § 4.1-59-23