§ 26.1-53.1-10 — Nonrenewal, suspension, or revocation

North Dakota § 26.1-53.1-10

• Jurisdiction: North Dakota
• Title 26.1: Insurance
• Ch. 26.1-53.1: Discount Plans

Text

The commissioner may suspend the authority of a discount plan organization to enroll new
members or refuse to renew, suspend, or revoke a discount plan organization's registration if,
after notice to the registrant and hearing, the commissioner finds that any of the following
conditions exist:
1. The discount plan organization is not operating in compliance with this chapter;
2. The discount plan organization has advertised, merchandised, or attempted to
merchandise the organization's services in such a manner as to misrepresent the
organization's services or capacity for service or has engaged in deceptive,
misleading, or unfair practices with respect to advertising or merchandising;
3. The discount plan organization is not fulfilling the organization's obligations as a
discount plan organization; or
4. The continued operation of the discount plan organization would be hazardous to the
organization's members.