North Dakota Statutes
§ 26.1-10.2-08 — Sanctions - Penalty
North Dakota § 26.1-10.2-08
This text of North Dakota § 26.1-10.2-08 (Sanctions - Penalty) 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 § 26.1-10.2-08 (2026).
Text
Any insurer failing, without just cause, to timely file the own risk and solvency assessment
summary report as required in this chapter, after notice and hearing, shall pay a penalty of one
thousand dollars for each day's delay. The commissioner may reduce the penalty if the insurer
demonstrates to the commissioner the imposition of the penalty would constitute a financial
hardship to the insurer.
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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
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Bluebook (online)
North Dakota § 26.1-10.2-08, Counsel Stack Legal Research, https://law.counselstack.com/statute/nd/26.1-10.2-08.