North Dakota Administrative Code
Title 45 - Insurance, Commissioner of
Article 45-03 - Regulation of Insurance Companies
Chapter 45-03-21 - Demutualization
Section 45-03-21-11 - Directors and officers
Universal Citation: ND Admin Code ยง 45-03-21-11
Current through Supplement No. 394, October, 2024
The directors and officers of the converting insurer shall serve the converted insurer until new directors and officers are elected and qualify pursuant to the articles of incorporation and bylaws of the converted insurer.
General Authority: NDCC 26.1-12-32
Law Implemented: NDCC 26.1-12-32
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