North Dakota § 39-16.2-03 Maintenance and certification of financial requirements - Verification

North Dakota Statutes

§ 39-16.2-03 — Maintenance and certification of financial requirements - Verification

North Dakota § 39-16.2-03

Title 39Motor Vehicles

Ch. 39-16.2Gas Transporter Financial Responsibility

This text of North Dakota § 39-16.2-03 (Maintenance and certification of financial requirements - Verification) 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 § 39-16.2-03 (2026).

Text

A dealer subject to the financial responsibility requirements of this chapter shall maintain the
liability insurance prescribed in section 39-16.2-02 which obligates the dealer to pay
compensation for injuries to persons and for loss or damage to property by reason of the
ownership, maintenance, or use of the covered vehicle. The director may require dealers
subject to the financial responsibility requirements of this chapter to certify the existence of
financial responsibility in the form and at the times required by the director. The director may
forward the certification to the named insurer to determine if the certification is correct. No civil
liability may accrue to the insurer or any of its employees for reports made to the director if the
reports are made in good faith based upon t

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A dealer subject to the financial responsibility requirements of this chapter shall maintain the
liability insurance prescribed in section 39-16.2-02 which obligates the dealer to pay
compensation for injuries to persons and for loss or damage to property by reason of the
ownership, maintenance, or use of the covered vehicle. The director may require dealers
subject to the financial responsibility requirements of this chapter to certify the existence of
financial responsibility in the form and at the times required by the director. The director may
forward the certification to the named insurer to determine if the certification is correct. No civil
liability may accrue to the insurer or any of its employees for reports made to the director if the
reports are made in good faith based upon the most recent information to the insurer.