North Dakota Administrative Code
Title 45 - Insurance, Commissioner of
Article 45-03 - Regulation of Insurance Companies
Chapter 45-03-12 - Investment, Capital, and Surplus Requirements
Section 45-03-12-01 - Capital and surplus requirements
Universal Citation: ND Admin Code ยง 45-03-12-01
Current through Supplement No. 394, October, 2024
In the reasonable exercising of the commissioner's discretion, additional capital and surplus may be required based upon the type, volume, and nature of insurance business transacted.
General Authority: NDCC 28-32-02
Law Implemented: NDCC 26.1-02-02, 26.1-06.1-01, 26.1-10-05
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