North Dakota § 26.1-06-11 Rulemaking

North Dakota Statutes

§ 26.1-06-11 — Rulemaking

North Dakota § 26.1-06-11

Title 26.1Insurance

Ch. 26.1-06Takeover Bids for Domestic Companies

This text of North Dakota § 26.1-06-11 (Rulemaking) 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 § 26.1-06-11 (2026).

Text

The commissioner may adopt reasonable rules:

1.Defining fraudulent, evasive, deceptive, or grossly unfair practices in connection with takeover bids and the terms used in this chapter.

2.Exempting from this chapter takeover bids not made for the purpose of, and not having the effect of, changing or influencing the control of a target company.

3.Covering such other matters as are necessary to give effect to this chapter.

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The commissioner may adopt reasonable rules:
1. Defining fraudulent, evasive, deceptive, or grossly unfair practices in connection with
takeover bids and the terms used in this chapter.
2. Exempting from this chapter takeover bids not made for the purpose of, and not having
the effect of, changing or influencing the control of a target company.
3. Covering such other matters as are necessary to give effect to this chapter.