North Dakota Administrative Code
Title 70 - Real Estate Commission
Article 70-02 - Real Estate Licensure
Chapter 70-02-05 - Errors and Omissions Insurance
Section 70-02-05-06 - Equivalent coverage

An active licensee who chooses the option of obtaining errors and omissions insurance independently from a carrier other than the group carrier under contract with the commission must show evidence of coverage by providing certification of coverage on a form prescribed by the commission. The form must show proof that the licensee has coverage in compliance with the minimum standards established by section 70-02-05-07. The form must be signed by an authorized representative of the insurance company and must contain a cancellation notification clause as required by section 70-02-05-09.

General Authority: NDCC 43-23-19

Law Implemented: NDCC 43-23-19