North Dakota Statutes

§ 26.1-30-04 — Insurance only on interest of insured - Stipulation of interest void

North Dakota·Title 26.1 Insurance·Ch. 26.1-30 Insurance Policies
When the name of the person intended to be insured is specified in an insurance policy, it can be applied only to that person's own proper interest. Every stipulation in an insurance policy for the payment of loss regardless of whether the person insured has or has not any interest in the property insured or that the policy is proof of such interest is void.

Free access — add to your briefcase to read the full text and ask questions with AI

North Dakota § 26.1-30-04 (Insurance only on interest of insured - Stipulation of interest void) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

Nearby Sections

15
View on official source ↗