North Dakota Statutes

§ 26.1-36.7-07 — Bank of North Dakota line of credit

North Dakota § 26.1-36.7-07
JurisdictionNorth Dakota
Title 26.1Insurance
Ch. 26.1-36.7Reinsurance Association

This text of North Dakota § 26.1-36.7-07 (Bank of North Dakota line of credit) 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 § 26.1-36.7-07 (2026).

Text

The Bank of North Dakota shall extend to the association a line of credit not to exceed twenty-five million dollars. The association shall repay the line of credit from assessments against insurers writing or otherwise issuing group health benefit plans in this state or from other funds appropriated by the legislative assembly. The association may access the line of credit to the extent necessary to provide reimbursements to member insurers as required by this chapter.

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Bluebook (online)
North Dakota § 26.1-36.7-07, Counsel Stack Legal Research, https://law.counselstack.com/statute/nd/26.1-36.7-07.