North Dakota Statutes
§ 26.1-26-43 — License suspension, revocation, or refusal - Business entity - Additional ground
ground.
The license of a business entity may be suspended, revoked, or refused if the
commissioner finds, after hearing, that an individual licensee's violation was known or should
have been known by one or more of the partners, officers, or managers acting on behalf of the
business entity and the violation was not reported to the commissioner nor corrective action
taken in relation to the violation.
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North Dakota § 26.1-26-43 (License suspension, revocation, or refusal - Business entity - Additional ground) — 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