North Dakota Statutes
§ 26.1-34.1-03 — Segregated account
North Dakota § 26.1-34.1-03
This text of North Dakota § 26.1-34.1-03 (Segregated account) 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 § 26.1-34.1-03 (2026).
Text
1.Every corporation possessing a certificate of exemption shall maintain a segregated
account for all of its gift annuity liabilities.
2.The assets of the segregated account are not liable for any debts of the corporation
other than those incurred pursuant to this chapter.
3.The segregated account must be adequate to meet the future payments under all
outstanding annuity agreements.
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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 financingCite This Page — Counsel Stack
Bluebook (online)
North Dakota § 26.1-34.1-03, Counsel Stack Legal Research, https://law.counselstack.com/statute/nd/26.1-34.1-03.