North Dakota § 26.1-20.1-03 License suspension, revocation, or refusal - Grounds

North Dakota Statutes

§ 26.1-20.1-03 — License suspension, revocation, or refusal - Grounds

North Dakota § 26.1-20.1-03

Title 26.1Insurance

Ch. 26.1-20.1Insurance Premium Finance Companies

This text of North Dakota § 26.1-20.1-03 (License suspension, revocation, or refusal - Grounds) 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 § 26.1-20.1-03 (2026).

Text

The commissioner may, after notice to the licensee and a hearing, suspend, revoke, or refuse to continue or refuse to issue any license issued under this chapter if the commissioner finds any of the following conditions:

1.The licensee acquired or attempted to acquire a license through misrepresentation or fraud.

2.The licensee, in the conduct of affairs under the license, used fraudulent, coercive, or dishonest practices, or has shown oneself to be incompetent, untrustworthy, or financially irresponsible.

3.An officer, employee, stockholder, or partner of an applicant, who may materially influence the applicant's conduct, does not meet the standards required by this chapter.

4.The licensee violated or did not comply with this chapter or a lawful rule or order of the commissioner.

Free access — add to your briefcase to read the full text and ask questions with AI

The commissioner may, after notice to the licensee and a hearing, suspend, revoke, or
refuse to continue or refuse to issue any license issued under this chapter if the commissioner
finds any of the following conditions:
1. The licensee acquired or attempted to acquire a license through misrepresentation or
fraud.
2. The licensee, in the conduct of affairs under the license, used fraudulent, coercive, or
dishonest practices, or has shown oneself to be incompetent, untrustworthy, or
financially irresponsible.
3. An officer, employee, stockholder, or partner of an applicant, who may materially
influence the applicant's conduct, does not meet the standards required by this
chapter.
4. The licensee violated or did not comply with this chapter or a lawful rule or order of the
commissioner.