North Dakota Statutes
§ 26.1-55-05 — Unfair trade practices - Liability limitation
Failure to meet any requirement of this chapter is a violation of chapter 26.1-04. This
chapter does not create a private cause of action for violation of this chapter. Once an insurer
submits unclaimed life insurance benefits or unclaimed retained asset accounts, plus any
applicable accrued interests, to the state abandoned property office in compliance with this
chapter, the insurer is relieved and indemnified from additional liability to any person relating to
the proceeds submitted. This indemnification from liability is in addition to any other protections
provided by law.
Free access — add to your briefcase to read the full text and ask questions with AI
North Dakota § 26.1-55-05 (Unfair trade practices - Liability limitation) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Nearby Sections
15
§ 26.1-01-01
Commissioner defined§ 26.1-01-03
Duties of commissioner§ 26.1-01-03.1
Cease and desist authority - Hearing - Failure to appear§ 26.1-01-03.2
Injunctive authority§ 26.1-01-03.3
Penalty for violation of title§ 26.1-01-04
Service of process upon commissioner - Procedure§ 26.1-01-06
Reporting of statistical data regarding legal malpractice claims, settlements, and judgments§ 26.1-01-07
Fees chargeable by commissioner§ 26.1-01-07.1
Insurance regulatory trust fund established§ 26.1-01-07.2
Insurance regulatory trust fund investment§ 26.1-01-07.3
Cash flow financing