N.D. Cent. Code ch. 26.1-21 – State Bonding Fund | Midpage

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North Dakota Century Code

Chapter 26.1-21

N.D. Cent. Code ch. 26.1-21

State Bonding Fund

26.1-21-01Definitions 26.1-21-02State bonding fund - Office of management and budget - Administrative services - Continuing appropriation - Report 26.1-21-03Commissioner may employ or contract for assistants - Continuing appropriation 26.1-21-04Attorney general is attorney for fund 26.1-21-05Investment of fund 26.1-21-06Condition of bond created by chapter - Limitation 26.1-21-07Coverage - Assessments - Minimum 26.1-21-08Review of coverage by auditor 26.1-21-09Premiums - Amount to whom paid - Minimum 26.1-21-09.1Bonds of agents appointed to distribute hunting and fishing licenses or stamps - Assessment - Determination of eligibility 26.1-21-10Automatic insurance of state and political subdivisions 26.1-21-10.1State employee - Defense 26.1-21-10.2State employee defense - Expenses withdrawn by attorney general 26.1-21-11Claims - Limitation on filing of claims against fund - Register of claims - Review and payment of claims 26.1-21-12Duty of state auditor - Investigations - Review of coverage 26.1-21-13Audit of claims against state bonding fund - Register of claims 26.1-21-14Action against the fund - Failure to act is disallowance - Limitation - Interest 26.1-21-15Limitation of time for bringing action against the fund - Interest - Limitation on time for fund liability 26.1-21-16Suit by party injured by default of public employee or public official - Subrogation 26.1-21-17Allowed liability claims payable from fund - Administrative expenses - Methods of payment 26.1-21-18Action against a public official - Reporting defaulting official to governor 26.1-21-19Cancellation of liability of fund - Cancellation of coverage - Appeal proceeding 26.1-21-20Notice of cancellation - Right to appeal from cancellation - Procedure 26.1-21-21Reinsurance 26.1-21-22Publication of statement of fund - Biennial report 26.1-21-23Additional bond coverage 26.1-21-24State agency or political subdivision may purchase bond in addition to fund bond