N.D. Cent. Code ch. 26.1-13 – County Mutual Insurance Companies | Midpage

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North Dakota Century Code

Chapter 26.1-13

N.D. Cent. Code ch. 26.1-13

County Mutual Insurance Companies

26.1-13-01County mutual insurance company - Organization 26.1-13-02Articles of incorporation - Territory of operation - Insurance applications required 26.1-13-03County mutual company has perpetual existence 26.1-13-04Certificate of compliance 26.1-13-05Bylaws - Contents 26.1-13-06Amendment of articles or bylaws 26.1-13-07Directors - Number - Election - Powers and duties 26.1-13-08Officers - Election - Bond 26.1-13-09Membership in county mutual company - Limitation on right to be director 26.1-13-10Members of county mutual company - Policyholders - Notice of meetings 26.1-13-11Annual meeting - Quorum 26.1-13-12General powers, liabilities, and duties of county mutual company - Office - Name - Limitations 26.1-13-13Applicability of general insurance laws 26.1-13-14County mutual company - Insurance authority 26.1-13-15Territorial limits of county mutual company's operations - Terms of policies - Property insurable 26.1-13-16Liability insurance contracts - Limitations 26.1-13-17Classification of property for insurance purposes 26.1-13-18Maximum amount of insurance on single risk 26.1-13-19Reinsurance of excessive losses 26.1-13-20Designation of attorney in fact - Assessments 26.1-13-21Supervision by commissioner 26.1-13-22Insured to give undertaking to pay pro rata share of losses - Cash payment or premium required 26.1-13-23Loss - Notice - Adjustment - Arbitration - Finality of determination of board of adjustment - Powers of board 26.1-13-24Assessments for payment of losses and expenses 26.1-13-25Permanent expense and loss fund - Assessment or premiums - Delinquent loss assessments credited 26.1-13-26Notice of assessment - Extension of time of payment of assessment 26.1-13-27Collection of assessments - Suits against directors - Suits against company to recover losses 26.1-13-28Borrowing of money authorized 26.1-13-29Withdrawal from membership 26.1-13-30Cancellation of policies 26.1-13-31County mutual fire and lightning companies may form reinsurance company 26.1-13-32Articles of incorporation and bylaws of mutual reinsurance company - Contents 26.1-13-33Articles and bylaws of mutual reinsurance company - Certificate of authority - Right to do business 26.1-13-34Annual statement to be furnished to members of county mutual company 26.1-13-35County mutual insurance company - Reports to commissioner