North Dakota Statutes

§ 26.1-07-03 — Profit by officer or employee prohibited

North Dakota·Title 26.1 Insurance·Ch. 26.1-07 Consolidation or Reinsurance of Domestic Companies
An officer of a company petitioning for the right to consolidate or to reinsure and an officer or employee of the state may not receive any compensation or gratuity, either directly or indirectly, for aiding, promoting, or in any manner assisting in the consolidation or reinsurance.

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