Accepting reinsurance of unauthorized company prohibited

N.D. Cent. Code § 26.1-02-22
in effect
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26.1-02-22. Accepting reinsurance of unauthorized company prohibited An insurance or surety company may not assume the whole or any part of any risk covering property located in this state, as a reinsurance company or in any other manner, insured by any insurance company not authorized to transact business in this state.
Source: Open US Law by Vaquill AI (CC BY 4.0)URL: https://ndlegis.gov/cencode/t26-1c02.pdf#nameddest=26p1-02-22Fetched: 10/16/2026

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