North Dakota § 26.1-02-24 Copy of revocation to be mailed to company - Company to discontinue business - Setting aside of revocation

North Dakota Statutes

§ 26.1-02-24 — Copy of revocation to be mailed to company - Company to discontinue business - Setting aside of revocation

North Dakota § 26.1-02-24

Title 26.1Insurance

Ch. 26.1-02General Provisions

This text of North Dakota § 26.1-02-24 (Copy of revocation to be mailed to company - Company to discontinue business - Setting aside of revocation) is published on Counsel Stack Legal Research, covering North Dakota primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

N.D. Cent. Code § 26.1-02-24 (2026).

Text

business - Setting aside of revocation.
If the certificate of authority of an insurance, bonding, surety, or indemnity company is
revoked pursuant to section 26.1-02-23, the commissioner shall mail a copy of the revocation to
the company or to the agents thereof in this state. Thereafter, the company and its agents may
not issue any new policy, bond, or surety contract nor renew any policy, bond, or surety contract
previously issued. The revocation may not be set aside, nor may a new certificate of authority
be issued, until satisfactory evidence has been submitted to the commissioner showing that the
company is in the condition set forth in its annual statement or other report, or that the
discrimination alleged has not been practiced, or that the practice of discrimination will cease
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business - Setting aside of revocation.
If the certificate of authority of an insurance, bonding, surety, or indemnity company is
revoked pursuant to section 26.1-02-23, the commissioner shall mail a copy of the revocation to
the company or to the agents thereof in this state. Thereafter, the company and its agents may
not issue any new policy, bond, or surety contract nor renew any policy, bond, or surety contract
previously issued. The revocation may not be set aside, nor may a new certificate of authority
be issued, until satisfactory evidence has been submitted to the commissioner showing that the
company is in the condition set forth in its annual statement or other report, or that the
discrimination alleged has not been practiced, or that the practice of discrimination will cease
immediately, as the case may be, and that this title has been complied with by the company.