North Dakota Administrative Code
Title 45 - Insurance, Commissioner of
Article 45-03 - Regulation of Insurance Companies
Chapter 45-03-07.1 - Credit for Reinsurance Model Regulation
Section 45-03-07.1-01 - Credit for reinsurance - Reinsurer licensed in this state
Universal Citation: ND Admin Code ยง 45-03-07.1-01
Current through Supplement No. 394, October, 2024
Pursuant to subsection 2 of North Dakota Century Code section 26.1-31.2-01, the commissioner shall allow credit for reinsurance ceded by a domestic insurer to an assuming insurer that was licensed in this state as of any date on which statutory financial statement credit for reinsurance is claimed.
General Authority: NDCC 26.1-31.2-04
Law Implemented: NDCC 26.1-31.2
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