45-03-21-13. Action after demutualization.

An administrative action or proceeding, pending at the time of the demutualization to which the converting insurer may be a party, may not be abated or discontinued by reason of such demutualization.

History: Effective February 1, 2000. General Authority: NDCC 26.1-12-32 Law Implemented: NDCC 26.1-12-32