North Dakota Administrative Code
Title 45 - Insurance, Commissioner of
Article 45-04 - Life Insurance
Chapter 45-04-03 - Interest Rates on Life Insurance Policy Loans
Section 45-04-03-01 - Purpose
Universal Citation: ND Admin Code ยง 45-04-03-01
Current through Supplement No. 394, October, 2024
The purpose of this chapter is to permit and set guidelines for life insurers to include in life insurance policies issued after January 1, 1982, a provision for periodic adjustment of policy loan interest rates.
General Authority: NDCC 28-32
Law Implemented: NDCC 26.1-33-05
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