North Dakota Statutes
§ 26.1-10-10 — Receivership
North Dakota § 26.1-10-10
This text of North Dakota § 26.1-10-10 (Receivership) 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 § 26.1-10-10 (2026).
Text
Whenever it appears to the commissioner that any person has committed a violation of this
chapter which so impairs the financial condition of a domestic insurer as to threaten insolvency
or make the further transaction of business by it hazardous to its policyholders, creditors,
shareholders, or the public, then the commissioner may proceed as provided in chapter
26.1-06.1 to take possession of the property of the insurer and to carry on its business.
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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 § 26.1-10-10, Counsel Stack Legal Research, https://law.counselstack.com/statute/nd/26.1-10-10.