North Dakota Statutes

§ 65-06.2-07 — State reimbursement for liability in excess of collected premiums

North Dakota § 65-06.2-07
JurisdictionNorth Dakota
Title 65Workforce Safety and Insurance
Ch. 65-06.2Inmates of Penal Institutions

This text of North Dakota § 65-06.2-07 (State reimbursement for liability in excess of collected premiums) 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 § 65-06.2-07 (2026).

Text

Whenever total costs and expenses charged to the classification of the modified workers' compensation program established under this chapter exceeds the amount of premiums paid into the fund and any payments from the risk management workers' compensation fund under the workforce safety and insurance state entities account under section 65-04-03.1, those excess costs and expenses are a general obligation of the state and the state shall reimburse the organization for credit to the workforce safety and insurance fund through legislative appropriation to the extent not covered by any program of excess coverage or reinsurance. This modified workers' compensation coverage may not be effective unless the organization has, in its sole discretion, purchased excess coverage or reinsurance that does

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Bluebook (online)
North Dakota § 65-06.2-07, Counsel Stack Legal Research, https://law.counselstack.com/statute/nd/65-06.2-07.