North Dakota Statutes
§ 26.1-26-36 — Surplus lines insurance producer's authority
A surplus lines insurance producer may act as a surplus lines insurance producer in this
state for any foreign company or insurer not authorized to transact business in this state in
securing, issuing, or placing insurance policies, indemnity contracts, or surety bonds on property
located in, or undertakings to be carried out in, this state for the company or insurer. A surplus
lines insurance producer may accept business from any licensed insurance producer for a
nonadmitted company and may compensate the insurance producer for the business, provided
the insurance is written in conformity with this title.
Free access — add to your briefcase to read the full text and ask questions with AI
North Dakota § 26.1-26-36 (Surplus lines insurance producer's authority) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Nearby Sections
15
§ 26.1-01-01
Commissioner defined§ 26.1-01-03
Duties of commissioner§ 26.1-01-03.1
Cease and desist authority - Hearing - Failure to appear§ 26.1-01-03.2
Injunctive authority§ 26.1-01-03.3
Penalty for violation of title§ 26.1-01-04
Service of process upon commissioner - Procedure§ 26.1-01-06
Reporting of statistical data regarding legal malpractice claims, settlements, and judgments§ 26.1-01-07
Fees chargeable by commissioner§ 26.1-01-07.1
Insurance regulatory trust fund established§ 26.1-01-07.2
Insurance regulatory trust fund investment§ 26.1-01-07.3
Cash flow financing