North Dakota Statutes

§ 26.1-07-02 — Petition for allowance of consolidation or reinsurance

North Dakota·Title 26.1 Insurance·Ch. 26.1-07 Consolidation or Reinsurance of Domestic Companies
When any company described in section 26.1-07-01 proposes to consolidate with any other company, or to enter into any contract of reinsurance, it must file its petition with the commissioner setting forth the terms and conditions of the proposed consolidation or reinsurance contract and asking for approval or modification as provided by this chapter. The company shall file as an exhibit to the petition the proposed consolidation or reinsurance contract.

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