North Dakota § 54-52.1-04.17 Self-insurance health plan - Bank of North Dakota line of credit - Continuing appropriation

North Dakota Statutes

§ 54-52.1-04.17 — Self-insurance health plan - Bank of North Dakota line of credit - Continuing appropriation

North Dakota § 54-52.1-04.17

Title 54State Government

Ch. 54-52.1Uniform Group Insurance Program

This text of North Dakota § 54-52.1-04.17 (Self-insurance health plan - Bank of North Dakota line of credit - Continuing appropriation) 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 § 54-52.1-04.17 (2026).

Text

Continuing appropriation.
The Bank of North Dakota shall extend to the board a line of credit not to exceed fifty million
dollars. The board shall repay the line of credit from health insurance premium revenue or repay
the line of credit from other funds appropriated by the legislative assembly. The board may
access the line of credit to the extent necessary to provide adequate claims payment funds, to
purchase stop-loss coverage, and to defray other expenditures of administration of the self-
insurance health plan. All loan funds received by the board from the Bank under this section, not
otherwise appropriated, are appropriated to the board for the repayment of claims and other
costs of the uniform group insurance program.

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Continuing appropriation.
The Bank of North Dakota shall extend to the board a line of credit not to exceed fifty million
dollars. The board shall repay the line of credit from health insurance premium revenue or repay
the line of credit from other funds appropriated by the legislative assembly. The board may
access the line of credit to the extent necessary to provide adequate claims payment funds, to
purchase stop-loss coverage, and to defray other expenditures of administration of the self-
insurance health plan. All loan funds received by the board from the Bank under this section, not
otherwise appropriated, are appropriated to the board for the repayment of claims and other
costs of the uniform group insurance program.