North Dakota Statutes
§ 26.1-55-05 — Unfair trade practices - Liability limitation
North Dakota § 26.1-55-05
This text of North Dakota § 26.1-55-05 (Unfair trade practices - Liability limitation) 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 § 26.1-55-05 (2026).
Text
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.
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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
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Bluebook (online)
North Dakota § 26.1-55-05, Counsel Stack Legal Research, https://law.counselstack.com/statute/nd/26.1-55-05.