Surety bond required

N.D. Cent. Code § 13-05-04.1
in effect
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13-05-04.1. Surety bond required 1. Each licensee shall maintain a surety bond in the amount of fifty thousand dollars. 2. The surety bond must be in a form as prescribed by the commissioner. 3. When an action is commenced on a licensee's bond, the commissioner may require the filing of a new bond. 4. Immediately upon recovery upon any action on the bond, the licensee shall file a new bond.
Source: Open US Law by Vaquill AI (CC BY 4.0)URL: https://ndlegis.gov/cencode/t13c05.pdf#nameddest=13-05-04p1Fetched: 10/16/2026

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