Sanctions - Penalty

N.D. Cent. Code § 26.1-10.2-08
in effect
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26.1-10.2-08. Sanctions - Penalty Any insurer failing, without just cause, to timely file the own risk and solvency assessment summary report as required in this chapter, after notice and hearing, shall pay a penalty of one thousand dollars for each day's delay. The commissioner may reduce the penalty if the insurer demonstrates to the commissioner the imposition of the penalty would constitute a financial hardship to the insurer.
Source: Open US Law by Vaquill AI (CC BY 4.0)URL: https://ndlegis.gov/cencode/t26-1c10-2.pdf#nameddest=26p1-10p2-08Fetched: 10/16/2026

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