North Dakota Century Code

Chapter 26.1-07

Consolidation or Reinsurance of Domestic Companies

Section Section Name
26.1-07-01 Domestic companies ‑ Consolidation ‑ Reinsurance
26.1-07-02 Petition for allowance of consolidation or reinsurance
26.1-07-03 Profit by officer or employee prohibited
26.1-07-04 Notice of petition for consolidation or reinsurance
26.1-07-05 Commissioner to hear petition ‑ General duties
26.1-07-05.1 Hearing on petition ‑ General duties of commissioner
26.1-07-06 Commissioner may compel attendance of witnesses ‑ Policyholders and stockholders may appear
26.1-07-07 Expenses paid by petitioner
26.1-07-08 Insurance companies subject to dissolution provisions
26.1-07-09 Grounds upon which commissioner may petition for dissolution of company ‑ Representation by attorney general
26.1-07-10 Petition for dissolution of company when officer refuses to give information
26.1-07-11 Preliminary hearing on petition ‑ Transfer of proceedings ‑ Bond
26.1-07-12 Injunction against transaction of business ‑ Procedure ‑ Operation of company
26.1-07-13 Commissioner to be appointed receiver
26.1-07-14 Court may order liquidation of company ‑ Commissioner to direct liquidation ‑ Procedure
26.1-07-15 Commissioner may appoint special deputies and employ counsel in receivership proceedings ‑ Compensation ‑ Powers
26.1-07-16 Offset ‑ Limitations
26.1-07-17 Priority of distribution of assets
26.1-07-18 Powers and duties of commissioner and deputies in receivership proceedings ‑ Assessments ‑ Actions
26.1-07-19 Receiver may not increase liabilities of company ‑ Exception
26.1-07-20 Report of dissolutions and receivership made by commissioner
26.1-07-21 Penalty