North Dakota Statutes

§ 26.1-06-07 — Separate offenses

North Dakota·Title 26.1 Insurance·Ch. 26.1-06 Takeover Bids for Domestic Companies
Each takeover bid made in violation of the provisions of this chapter constitutes a separate offense. The commissioner may request the offeror to rescind the bid and to make restitution to the offeree, and if the offeror complies with the request no penalty may be imposed on the offeror on account of that illegal takeover bid.

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