North Dakota Statutes
§ 26.1-29-04 — Insurable interest defined and classified
North Dakota § 26.1-29-04
This text of North Dakota § 26.1-29-04 (Insurable interest defined and classified) 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 § 26.1-29-04 (2026).
Text
An insurable interest is an interest in property, or any relation thereto, or liability in respect thereof, of such a nature that a contemplated peril might damnify directly the insured, and may consist in:
1.An existing interest;
2.An inchoate interest founded on an existing interest; or
3.An expectancy coupled with an existing interest in that out of which the expectancy
arises.
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Nearby Sections
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§ 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
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Fees chargeable by commissioner§ 26.1-01-07.1
Insurance regulatory trust fund established§ 26.1-01-07.2
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Cash flow financingCite This Page — Counsel Stack
Bluebook (online)
North Dakota § 26.1-29-04, Counsel Stack Legal Research, https://law.counselstack.com/statute/nd/26.1-29-04.