North Dakota § 26.1-44-03.1 Surplus lines tax

North Dakota Statutes

§ 26.1-44-03.1 — Surplus lines tax

North Dakota § 26.1-44-03.1

Title 26.1Insurance

Ch. 26.1-44Surplus Lines Insurance

This text of North Dakota § 26.1-44-03.1 (Surplus lines tax) 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 § 26.1-44-03.1 (2026).

Text

1.If the insured's home state is this state, every surplus lines producer shall pay to the commissioner a sum equal to one and three-fourths percent of the gross premiums charged, assessments, membership fees, subscriber fees, policy fees, and service fees, less any return premiums, for surplus lines insurance provided by the surplus lines producer.

2.The tax on any portion of the premium unearned at termination of insurance having been credited or refunded by the state to the surplus lines producer must be returned to the policyholder directly by the surplus lines producer. The surplus lines producer is prohibited from rebating, for any reason, any part of the tax.

3.At the time of filing the annual tax statement as set forth in section 26.1-44-06.1, each surplus lines producer shall p

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1. If the insured's home state is this state, every surplus lines producer shall pay to the
commissioner a sum equal to one and three-fourths percent of the gross premiums
charged, assessments, membership fees, subscriber fees, policy fees, and service
fees, less any return premiums, for surplus lines insurance provided by the surplus
lines producer.
2. The tax on any portion of the premium unearned at termination of insurance having
been credited or refunded by the state to the surplus lines producer must be returned
to the policyholder directly by the surplus lines producer. The surplus lines producer is
prohibited from rebating, for any reason, any part of the tax.
3. At the time of filing the annual tax statement as set forth in section 26.1-44-06.1, each
surplus lines producer shall pay the premium tax due for the policies written during the
period covered by the annual tax statement.