North Dakota § 26.1-44-06 Records of surplus lines producer

North Dakota Statutes

§ 26.1-44-06 — Records of surplus lines producer

North Dakota § 26.1-44-06

Title 26.1Insurance

Ch. 26.1-44Surplus Lines Insurance

This text of North Dakota § 26.1-44-06 (Records of surplus lines producer) 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 § 26.1-44-06 (2026).

Text

1.If the insured's home state is this state, each surplus lines producer shall keep in this state a full and true record of each surplus lines insurance contract placed by or through the producer, including a copy of the policy, certificate, cover note, or other evidence of insurance showing each of the following applicable items:

a.Amount of the insurance, risks, and perils insured;

b.Brief description of the property insured and its location;

c.Gross premium charged;

d.Any return premium paid;

e.Rate of premium charged upon the several items of property;

f.Effective date and terms of the contract;

g.Name and address of the insured;

h.Name and address of the insurer;

i.Amount of tax and other sums to be collected from the insured;

j.Identity of the producer of record;

k.Any c

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1. If the insured's home state is this state, each surplus lines producer shall keep in this
state a full and true record of each surplus lines insurance contract placed by or
through the producer, including a copy of the policy, certificate, cover note, or other
evidence of insurance showing each of the following applicable items:
a. Amount of the insurance, risks, and perils insured;
b. Brief description of the property insured and its location;
c. Gross premium charged;
d. Any return premium paid;
e. Rate of premium charged upon the several items of property;

f. Effective date and terms of the contract;
g. Name and address of the insured;
h. Name and address of the insurer;
i. Amount of tax and other sums to be collected from the insured;
j. Identity of the producer of record;
k. Any confirming correspondence from the insurer or its representative; and
l. The application.
2. The surplus lines producer shall keep open the record of each contract at all
reasonable times to examination by the commissioner without notice for a period not
less than five years following termination of the contract. In lieu of maintaining offices
in this state, each nonresident surplus lines producer shall make available to the
commissioner any and all records that the commissioner deems necessary for
examination.