North Dakota Statutes

§ 26.1-13-29 — Withdrawal from membership

North Dakota § 26.1-13-29
JurisdictionNorth Dakota
Title 26.1Insurance
Ch. 26.1-13County Mutual Insurance Companies

This text of North Dakota § 26.1-13-29 (Withdrawal from membership) 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 § 26.1-13-29 (2026).

Text

Any member of a county mutual insurance company may withdraw from membership at any time while the company continues to transact the business for which the company was organized if, by withdrawal, the number of members remaining in the company will not be reduced below the original number of incorporators, or the assets of the company will not be reduced below the amount at the time of incorporation. In order to withdraw, a member shall surrender the policy for cancellation and give written notice of withdrawal to the secretary or designated employee of the company.

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Bluebook (online)
North Dakota § 26.1-13-29, Counsel Stack Legal Research, https://law.counselstack.com/statute/nd/26.1-13-29.