This chapter supersedes and fully replaces any prior rule concerning variable life insurance. This chapter is particularly intended to replace any provisions of chapter 45-04-02, sections 45-04-04-01 through 45-04-02-18 as they may pertain to variable life insurance. The provisions of 45-04-02, sections 45-04-02-01 through 45-04-02-18 that regulate variable annuities remain undisturbed by this chapter.
N.D. Admin Code 45-04-04-12
General Authority: NDCC 26.1-33-17, 26.1-34-11
Law Implemented: NDCC 26.1-33, 26.1-34