North Dakota § 26.1-46-11 Duty of insurance producers to obtain license

North Dakota Statutes

§ 26.1-46-11 — Duty of insurance producers to obtain license

North Dakota·Title 26.1 Insurance·Ch. 26.1-46 Risk Retention Groups and Purchasing Groups

Any person acting, or offering to act, as an insurance producer for a risk retention group or
purchasing group, which solicits members, sells insurance coverage, purchases coverage for its
members located within the state, or otherwise does business in this state, shall, before
commencing any such activity, obtain a license from the commissioner. This section does not
apply to any person acting as an insurance producer for a risk retention group doing business in
this state which has fewer than twenty-six resident members or insureds.

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Any person acting, or offering to act, as an insurance producer for a risk retention group or
purchasing group, which solicits members, sells insurance coverage, purchases coverage for its
members located within the state, or otherwise does business in this state, shall, before
commencing any such activity, obtain a license from the commissioner. This section does not
apply to any person acting as an insurance producer for a risk retention group doing business in
this state which has fewer than twenty-six resident members or insureds.

North Dakota § 26.1-46-11 (Duty of insurance producers to obtain license) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.