N.D. Admin Code 45-03-07.1-01 - Credit for reinsurance - Reinsurer licensed in this state

Pursuant to subsection 2 of North Dakota Century Code section 26.1-31.2-01, the commissioner shall allow credit for reinsurance ceded by a domestic insurer to an assuming insurer that was licensed in this state as of any date on which statutory financial statement credit for reinsurance is claimed.

Notes

N.D. Admin Code 45-03-07.1-01
Effective October 1, 1995; amended effective October 1, 2002. Amended by Administrative Rules Supplement 2016-359, January 2016, effective 1/1/2016. Amended by Administrative Rules Supplement 2022-384, April 2022, effective 4/1/2022.

General Authority: NDCC 26.1-31.2-04

Law Implemented: NDCC 26.1-31.2

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