North Dakota § 26.1-45-12 Penalties

North Dakota Statutes

§ 26.1-45-12 — Penalties

North Dakota·Title 26.1 Insurance·Ch. 26.1-45 Long-Term Care Insurance

In addition to any other penalties provided by the laws of this state, any insurer and any
insurance producer found to have violated any requirement of this title relating to the regulation
of long-term care insurance or the marketing of such insurance shall be subject to a fine of up to
three times the amount of any commissions paid for each policy involved in the violation or up to
ten thousand dollars, whichever is greater.

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In addition to any other penalties provided by the laws of this state, any insurer and any
insurance producer found to have violated any requirement of this title relating to the regulation
of long-term care insurance or the marketing of such insurance shall be subject to a fine of up to
three times the amount of any commissions paid for each policy involved in the violation or up to
ten thousand dollars, whichever is greater.

North Dakota § 26.1-45-12 (Penalties) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.