Title 045 · Title 45

Capital and surplus requirements.

Citation: N.D. Admin. Code § 45-03-12-01

Section: 45-03-12-01

45-03-12-01. Capital and surplus requirements. In the reasonable exercising of the commissioner's discretion, additional capital and surplus may be required based upon the type, volume, and nature of insurance business transacted. History: Effective January 1, 1992. General Authority: NDCC 28-32-02 Law Implemented: NDCC 26.1-02-02, 26.1-06.1-01, 26.1-10-05