North Dakota § 26.1-13-23 Loss - Notice - Adjustment - Arbitration - Finality of determination of board of adjustment - Powers of board

North Dakota Statutes

§ 26.1-13-23 — Loss - Notice - Adjustment - Arbitration - Finality of determination of board of adjustment - Powers of board

North Dakota § 26.1-13-23

Title 26.1Insurance

Ch. 26.1-13County Mutual Insurance Companies

This text of North Dakota § 26.1-13-23 (Loss - Notice - Adjustment - Arbitration - Finality of determination of board of adjustment - Powers of board) 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 § 26.1-13-23 (2026).

Text

board of adjustment - Powers of board.
Every member of a county mutual insurance company which sustains loss shall notify the
company immediately after the loss is sustained. The company shall assign the loss to be
adjusted in the manner provided in the insurance policy of the company. If the parties are
unable to agree upon the amount of the damage, the claimant and the company each shall
choose a disinterested party to constitute a board of arbitration to settle the loss. If the parties
cannot agree, the parties shall choose a third party to act with the parties. The board of
arbitration may examine witnesses and shall determine all matters in dispute, and the decision
of the arbitration board is final.

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board of adjustment - Powers of board.
Every member of a county mutual insurance company which sustains loss shall notify the
company immediately after the loss is sustained. The company shall assign the loss to be
adjusted in the manner provided in the insurance policy of the company. If the parties are
unable to agree upon the amount of the damage, the claimant and the company each shall
choose a disinterested party to constitute a board of arbitration to settle the loss. If the parties
cannot agree, the parties shall choose a third party to act with the parties. The board of
arbitration may examine witnesses and shall determine all matters in dispute, and the decision
of the arbitration board is final.