North Dakota § 26.1-22-01 Definitions

North Dakota Statutes

§ 26.1-22-01 — Definitions

North Dakota § 26.1-22-01

Title 26.1Insurance

Ch. 26.1-22State Fire and Tornado Fund

This text of North Dakota § 26.1-22-01 (Definitions) 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 § 26.1-22-01 (2026).

Text

As used in this chapter:

1."Fund" means the state fire and tornado fund.

2."Indirect loss" means a loss in income or the additional expenses incurred because of a property loss.

3."International peace garden" means an entity located upon the international boundary line between the United States and Canada used and maintained as a memorial to commemorate the long-existing relationship of peace and good will between the people and the governments of the United States and Canada and to further international peace among the nations of the world.

4."North Dakota insurance reserve fund" means the public risk pool established under section 26.1-23.1-01 regardless of any name change or dissolution and reincorporation if the risk pool continues to provide coverage to a majority of eligible poli

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As used in this chapter:
1. "Fund" means the state fire and tornado fund.
2. "Indirect loss" means a loss in income or the additional expenses incurred because of
a property loss.
3. "International peace garden" means an entity located upon the international boundary
line between the United States and Canada used and maintained as a memorial to
commemorate the long-existing relationship of peace and good will between the
people and the governments of the United States and Canada and to further
international peace among the nations of the world.
4. "North Dakota insurance reserve fund" means the public risk pool established under
section 26.1-23.1-01 regardless of any name change or dissolution and
reincorporation if the risk pool continues to provide coverage to a majority of eligible
political subdivisions in the state.
5. "Office" means the office of management and budget.
6. "Permanent contents" refers only to such public property, either owned or leased,
usually kept or used in or about public buildings insured in the fund, and to all public
personal property usually kept or used in or about all buildings used for public
purposes, or within one hundred feet [30.48 meters] of all such buildings, or while on
sidewalks, streets, alleys, yards, detached platforms, and in or on railway cars. The
term includes similar property owned by an international peace garden or a winter
show. The term does not include automobiles, trucks, tractors, road machinery, or
similar property used principally outside such buildings.
7. "Political subdivision" means a county, township, park district, school district, city, or
any other unit of local government which is created either by statute or by the
Constitution of North Dakota for local government or other public purposes.
8. "Replacement cost" is the cost to replace a building or its permanent contents with a
similar structure of like materials or a similar product at current prices.
9. "State agency" means a state board, bureau, commission, department, agency,
industry, or institution and the international peace garden.
10. "Winter show" means an agricultural exhibition sponsored each year in March by a
nonprofit corporation.