North Dakota § 26.1-18.1-24 Acquisition of control of or merger of a health maintenance organization

North Dakota Statutes

§ 26.1-18.1-24 — Acquisition of control of or merger of a health maintenance organization

North Dakota § 26.1-18.1-24

Title 26.1Insurance

Ch. 26.1-18.1Health Maintenance Organizations

This text of North Dakota § 26.1-18.1-24 (Acquisition of control of or merger of a health maintenance organization) 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 § 26.1-18.1-24 (2026).

Text

organization.
No person may make a tender for or a request or invitation for tenders of, or enter into an
agreement to exchange securities for or acquire in the open market or otherwise, any voting
security of a health maintenance organization or enter into any other agreement if, after the
consummation thereof, that person would, directly or indirectly, or by conversion or by exercise
of any right to acquire, be in control of the health maintenance organization, and no person may
enter into an agreement to merge or consolidate with or otherwise to acquire control of a health
maintenance organization, unless, at the time any offer, request, or invitation is made or any
agreement is entered into, or prior to the acquisition of the securities if no offer or agreement is
involved, the person 

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organization.
No person may make a tender for or a request or invitation for tenders of, or enter into an
agreement to exchange securities for or acquire in the open market or otherwise, any voting
security of a health maintenance organization or enter into any other agreement if, after the
consummation thereof, that person would, directly or indirectly, or by conversion or by exercise
of any right to acquire, be in control of the health maintenance organization, and no person may
enter into an agreement to merge or consolidate with or otherwise to acquire control of a health
maintenance organization, unless, at the time any offer, request, or invitation is made or any
agreement is entered into, or prior to the acquisition of the securities if no offer or agreement is
involved, the person has filed with the commissioner and has sent to the health maintenance
organization information required by section 26.1-10-03 and the offer, request, invitation,
agreement, or acquisition has been approved by the commissioner. Approval by the
commissioner must be governed by section 26.1-10-03.