North Dakota Statutes

§ 26.1-52-06 — Rates

North Dakota·Title 26.1 Insurance·Ch. 26.1-52 Property Insurance Placement Facility
The facility shall establish rates and may include data from an advisory or statistical organization in the development of its rates. Rates must be submitted to the commissioner for approval prior to use. Rates must be actuarially sound under chapter 26.1-25 and may not actively compete with rates in the voluntary market.

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