North Dakota § 26.1-21-14 Action against the fund - Failure to act is disallowance - Limitation - Interest

North Dakota Statutes

§ 26.1-21-14 — Action against the fund - Failure to act is disallowance - Limitation - Interest

North Dakota § 26.1-21-14

Title 26.1Insurance

Ch. 26.1-21State Bonding Fund

This text of North Dakota § 26.1-21-14 (Action against the fund - Failure to act is disallowance - Limitation - Interest) 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 § 26.1-21-14 (2026).

Text

Interest.

1.An action may not be brought against the fund until a claim has been presented to the office under this chapter and the office has refused to allow the claim.

2.An action brought against the fund for a claim must be commenced within one year after presenting the claim to the office. The liability of the fund is limited to a breach of a condition of the bond which occurred within two years before the date of presenting the claim to the office.

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Interest.
1. An action may not be brought against the fund until a claim has been presented to the
office under this chapter and the office has refused to allow the claim.
2. An action brought against the fund for a claim must be commenced within one year
after presenting the claim to the office. The liability of the fund is limited to a breach of
a condition of the bond which occurred within two years before the date of presenting
the claim to the office.