45-06-05-09.3

N.D. Admin. Code § 45-06-05-09.3

Appropriateness of Recommended Purchase

Effective Jul 1, 1994General Authority: NDCC 28-32-02; Law Implemented: NDCC 26.1-45Insurance, Commissioner of

In recommending the purchase or replacement of any long-term care insurance policy or certificate, an agent shall make reasonable efforts to determine the appropriateness of a recommended purchase or replacement.

History: Effective July 1, 1994.

General Authority: NDCC 28-32-02

Law Implemented: NDCC 26.1-45