North Dakota § 39-16.2-04 Self-insurance

North Dakota Statutes

§ 39-16.2-04 — Self-insurance

North Dakota § 39-16.2-04

Title 39Motor Vehicles

Ch. 39-16.2Gas Transporter Financial Responsibility

This text of North Dakota § 39-16.2-04 (Self-insurance) 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 § 39-16.2-04 (2026).

Text

The director may allow a dealer to fully or partially self-insure motor vehicles as required by
this chapter if the dealer provides financial data the director requires and the director determines
that the financial data demonstrates that the dealer is sufficiently stable and solvent to fully or
partially self-insure. The director shall authorize self-insurance subject to reasonable provisions
for the filing of periodic financial statements demonstrating no substantial deterioration of
financial stability.

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The director may allow a dealer to fully or partially self-insure motor vehicles as required by
this chapter if the dealer provides financial data the director requires and the director determines
that the financial data demonstrates that the dealer is sufficiently stable and solvent to fully or
partially self-insure. The director shall authorize self-insurance subject to reasonable provisions
for the filing of periodic financial statements demonstrating no substantial deterioration of
financial stability.