North Dakota Statutes

§ 26.1-17-25 — Rate requirements

North Dakota § 26.1-17-25
JurisdictionNorth Dakota
Title 26.1Insurance
Ch. 26.1-17Nonprofit Health Service Corporations

This text of North Dakota § 26.1-17-25 (Rate requirements) 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 § 26.1-17-25 (2026).

Text

Rates must cover reasonably anticipated claims, cover reasonable costs of operation and overhead expenses, and maintain contingency reserves at a proper level of not less than the sum of incurred claims and operating and overhead expenses for at least two months, but not more than four months. Rates may not be excessive, inadequate, or unfairly discriminatory.

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Bluebook (online)
North Dakota § 26.1-17-25, Counsel Stack Legal Research, https://law.counselstack.com/statute/nd/26.1-17-25.