North Dakota Statutes

§ 26.1-21-21 — Reinsurance

North Dakota·Title 26.1 Insurance·Ch. 26.1-21 State Bonding Fund
The office may reinsure any liability in excess of twenty-five thousand dollars for any one public official, or group of public officials and public employees under a blanket bond, at a cost not exceeding the assessment under this chapter. The cost of reinsurance must be paid from the fund.

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