North Dakota Statutes
§ 26.1-05-26 — Dividends on securities property of company
A domestic life insurance company having bonds or other securities on deposit with the
commissioner may collect the dividends or interest thereon upon delivering to its authorized
agent the coupons or other evidence of interest as the same becomes due. If any company,
however, fails to deposit additional securities when and as called for by the commissioner, or
pending any proceedings to close up or enjoin the operations of the company, the commissioner
shall collect the dividends or interest and add the same to the securities on deposit.
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Nearby Sections
15
§ 26.1-01-01
Commissioner defined§ 26.1-01-03
Duties of commissioner§ 26.1-01-03.1
Cease and desist authority - Hearing - Failure to appear§ 26.1-01-03.2
Injunctive authority§ 26.1-01-03.3
Penalty for violation of title§ 26.1-01-04
Service of process upon commissioner - Procedure§ 26.1-01-06
Reporting of statistical data regarding legal malpractice claims, settlements, and judgments§ 26.1-01-07
Fees chargeable by commissioner§ 26.1-01-07.1
Insurance regulatory trust fund established§ 26.1-01-07.2
Insurance regulatory trust fund investment§ 26.1-01-07.3
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