North Dakota Statutes

§ 26.1-34.1-03 — Segregated account

North Dakota § 26.1-34.1-03
JurisdictionNorth Dakota
Title 26.1Insurance
Ch. 26.1-34.1Charitable Gift Annuities

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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Bluebook (online)
North Dakota § 26.1-34.1-03, Counsel Stack Legal Research, https://law.counselstack.com/statute/nd/26.1-34.1-03.