N.D. Admin. Code 45-03-07.1-09

Current through Supplement No. 394, October, 2024

Section 45-03-07.1-09 - Other security

A ceding insurer may take credit for unencumbered funds withheld by the ceding insurer in the United States subject to withdrawal solely by the ceding insurer and under its exclusive control.

N.D. Admin Code 45-03-07.1-09

Effective October 1, 1995.

General Authority: NDCC 26.1-31.2-04

Law Implemented: NDCC 26.1-31.2