North Dakota § 26.1-12-11 Authority to insure or reinsure - Types of insurance open to mutual insurance company

North Dakota Statutes

§ 26.1-12-11 — Authority to insure or reinsure - Types of insurance open to mutual insurance company

North Dakota § 26.1-12-11

Title 26.1Insurance

Ch. 26.1-12Incorporated Mutual Insurance Companies

This text of North Dakota § 26.1-12-11 (Authority to insure or reinsure - Types of insurance open to mutual insurance company) 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 § 26.1-12-11 (2026).

Text

insurance company. Any mutual insurance company organized under this chapter may make insurance contracts, and may reinsure or accept reinsurance on any portion thereof, to the extent specified in its articles of incorporation, for the following lines of insurance:

1.Life and annuity means insurance coverage on human lives, including benefits of endowment, annuities, and credit life.

2.Accident and health means insurance coverage for sickness, disease, injury, accidental death, and disability.

3.Property means insurance coverage for direct and consequential loss of or damage to property of every kind.

4.Casualty means insurance coverage against legal liability, including that for death, injury, or disability or damage to real or personal property.

5.Variable life and annuity means ins

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insurance company.
Any mutual insurance company organized under this chapter may make insurance
contracts, and may reinsure or accept reinsurance on any portion thereof, to the extent specified
in its articles of incorporation, for the following lines of insurance:
1. Life and annuity means insurance coverage on human lives, including benefits of
endowment, annuities, and credit life.
2. Accident and health means insurance coverage for sickness, disease, injury,
accidental death, and disability.
3. Property means insurance coverage for direct and consequential loss of or damage to
property of every kind.
4. Casualty means insurance coverage against legal liability, including that for death,
injury, or disability or damage to real or personal property.
5. Variable life and annuity means insurance coverage provided under variable life
insurance contracts, variable annuities, or any other life insurance or annuity that
reflects the investment experience of a separate account.