Statutes, codes, and regulations
North Dakota Century Code
Title 26.1 - INSURANCE
Chapter 26.1-11 - FOREIGN INSURANCE COMPANIES
Section 26.1-11-02 - Liability of officers, agents, and stockholders of noncomplying foreign company - Penalty

N.D. Cent. Code § 26.1-11-02

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Current through the 2023 Legislative Sessions
Section 26.1-11-02 - Liability of officers, agents, and stockholders of noncomplying foreign company - Penalty

Any failure to comply with section 26.1-11-01 renders each officer, agent, and stockholder of any foreign insurance company failing to comply therewith jointly and severally liable on all contracts of the company made within this state during the time the company is in default. Each officer and agent of the noncomplying company is guilty of a class A misdemeanor.

N.D.C.C. § 26.1-11-02