A person or entity licensed or holding a certificate of authority to transact the business of insurance in the state of North Dakota may not use the possibility that a domestic mutual insurer may demutualize as an inducement to the sale of insurance or for any other competitive purposes.

History: Effective February 1, 2000.

General Authority: NDCC 26.1-12-32

Law Implemented: NDCC 26.1-12-32