North Dakota § 26.1-52-01 Sunrise - Trigger

North Dakota Statutes

§ 26.1-52-01 — Sunrise - Trigger

North Dakota § 26.1-52-01

Title 26.1Insurance

Ch. 26.1-52Property Insurance Placement Facility

This text of North Dakota § 26.1-52-01 (Sunrise - Trigger) 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 § 26.1-52-01 (2026).

Text

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.