North Dakota § 26.1-05-24 Commissioner may examine books and securities of domestic life insurance company

North Dakota Statutes

§ 26.1-05-24 — Commissioner may examine books and securities of domestic life insurance company

North Dakota § 26.1-05-24

Title 26.1Insurance

Ch. 26.1-05Organization and Operation of Domestic Companies

This text of North Dakota § 26.1-05-24 (Commissioner may examine books and securities of domestic life insurance company) 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 § 26.1-05-24 (2026).

Text

insurance company.
The commissioner may examine the books, papers, securities, and business of any
domestic life insurance company at any time, or may authorize any other suitable person to
make the examination. The commissioner, or person authorized to make an examination, may
examine under oath any officer or agent of the company, or any other person, relative to the
business and management of the company. If upon the examination the commissioner is of the
opinion that the company is insolvent or that its condition is such as to render a further
continuance of its business hazardous, the commissioner may require the company to deposit
in the commissioner's office all securities specified in any list filed pursuant to section
26.1-05-23 and not deposited.

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insurance company.
The commissioner may examine the books, papers, securities, and business of any
domestic life insurance company at any time, or may authorize any other suitable person to
make the examination. The commissioner, or person authorized to make an examination, may
examine under oath any officer or agent of the company, or any other person, relative to the
business and management of the company. If upon the examination the commissioner is of the
opinion that the company is insolvent or that its condition is such as to render a further
continuance of its business hazardous, the commissioner may require the company to deposit
in the commissioner's office all securities specified in any list filed pursuant to section
26.1-05-23 and not deposited.