North Dakota Statutes
§ 26.1-07-03 — Profit by officer or employee prohibited
North Dakota § 26.1-07-03
JurisdictionNorth Dakota
Title 26.1Insurance
Ch. 26.1-07Consolidation or Reinsurance of Domestic Companies
This text of North Dakota § 26.1-07-03 (Profit by officer or employee prohibited) 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 § 26.1-07-03 (2026).
Text
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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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
Cash flow financingCite This Page — Counsel Stack
Bluebook (online)
North Dakota § 26.1-07-03, Counsel Stack Legal Research, https://law.counselstack.com/statute/nd/26.1-07-03.