North Dakota § 26.1-03.1-09 Supplemental provisions - Rules - Exemption

North Dakota Statutes

§ 26.1-03.1-09 — Supplemental provisions - Rules - Exemption

North Dakota § 26.1-03.1-09

Title 26.1Insurance

Ch. 26.1-03.1Risk-Based Capital Reports

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Bluebook

N.D. Cent. Code § 26.1-03.1-09 (2026).

Text

1.This chapter is supplemental to any other laws of this state, and does not preclude or limit any other powers or duties of the commissioner under these laws, including chapters 26.1-06.1 and 26.1-06.2.

2.The commissioner may adopt rules necessary for the implementation of this chapter.

3.The commissioner may exempt from the application of this chapter any domestic property and casualty insurer that:

a.Writes direct business only in this state;

b.Writes direct annual premiums less than an amount determined by the commissioner; and

c.Assumes no reinsurance in excess of five percent of direct premium written.

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1. This chapter is supplemental to any other laws of this state, and does not preclude or
limit any other powers or duties of the commissioner under these laws, including
chapters 26.1-06.1 and 26.1-06.2.
2. The commissioner may adopt rules necessary for the implementation of this chapter.
3. The commissioner may exempt from the application of this chapter any domestic
property and casualty insurer that:
a. Writes direct business only in this state;
b. Writes direct annual premiums less than an amount determined by the
commissioner; and
c. Assumes no reinsurance in excess of five percent of direct premium written.