North Dakota § 26.1-04-07 Misrepresentation of terms of policy and future dividends prohibited

North Dakota Statutes

§ 26.1-04-07 — Misrepresentation of terms of policy and future dividends prohibited

North Dakota § 26.1-04-07

Title 26.1Insurance

Ch. 26.1-04Prohibited Practices in Insurance Business

This text of North Dakota § 26.1-04-07 (Misrepresentation of terms of policy and future dividends prohibited) 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 § 26.1-04-07 (2026).

Text

An insurance or surety company, reciprocal, benevolent society, or any other insurance
organization or association, however constituted or entitled, doing business in this state, and an
officer, director, agent, or solicitor of the company, society, or organization, and an insurance
producer, may not issue, circulate, or use, or cause or permit to be issued, circulated, or used,
any written or oral statement or circular misrepresenting the terms of any policy issued or to be
issued by the company, society, or organization, or the benefits or advantages, promised
thereby, or make an estimate, with intent to deceive, of the future dividends or shares of surplus
payable under the policy, or use any name or title of any policy or class of policies
misrepresenting the true nature thereof.

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An insurance or surety company, reciprocal, benevolent society, or any other insurance
organization or association, however constituted or entitled, doing business in this state, and an
officer, director, agent, or solicitor of the company, society, or organization, and an insurance
producer, may not issue, circulate, or use, or cause or permit to be issued, circulated, or used,
any written or oral statement or circular misrepresenting the terms of any policy issued or to be
issued by the company, society, or organization, or the benefits or advantages, promised
thereby, or make an estimate, with intent to deceive, of the future dividends or shares of surplus
payable under the policy, or use any name or title of any policy or class of policies
misrepresenting the true nature thereof.