North Dakota § 26.1-52-01 Sunrise - Trigger

North Dakota Statutes

§ 26.1-52-01 — Sunrise - Trigger

North Dakota·Title 26.1 Insurance·Ch. 26.1-52 Property Insurance Placement Facility

The commissioner may implement a property insurance placement facility for those
residents who are unable to obtain necessary property insurance through the standard
insurance market. The commissioner shall hold a public hearing upon notice of not less than
twenty days to determine the reasonable availability of property insurance in the market. Upon a
finding by the commissioner that there is a lack of availability of property insurance in the
market, the commissioner shall by order authorize the implementation of a property insurance
placement facility as set forth in this chapter.

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The commissioner may implement a property insurance placement facility for those
residents who are unable to obtain necessary property insurance through the standard
insurance market. The commissioner shall hold a public hearing upon notice of not less than
twenty days to determine the reasonable availability of property insurance in the market. Upon a
finding by the commissioner that there is a lack of availability of property insurance in the
market, the commissioner shall by order authorize the implementation of a property insurance
placement facility as set forth in this chapter.

North Dakota § 26.1-52-01 (Sunrise - Trigger) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.