North Dakota Administrative Code
Title 45 - Insurance, Commissioner of
Article 45-03 - Regulation of Insurance Companies
Chapter 45-03-07.2 - Life and Health Reinsurance Agreements
Section 45-03-07.2-04 - Existing agreements
Universal Citation: ND Admin Code ยง 45-03-07.2-04
Current through Supplement No. 394, October, 2024
Insurers subject to this chapter shall reduce to zero by December 31, 1995, any reserve credits or assets established with respect to reinsurance agreements entered into prior to October 1, 1995, which, under this chapter would not be entitled to recognition of the reserve credits or assets; provided, however, that the reinsurance agreements must have been in compliance with laws or rules in existence immediately preceding October 1, 1995.
General Authority: NDCC 26.1-01-08
Law Implemented: NDCC 26.1-02-20
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