This chapter does not apply to terminations for abandonment, insolvency of the terminating company, gross and willful misconduct, refusal, suspension, revocation, or termination of the insurance producer's license by the insurance commissioner, sale or material change or ownership of agency, fraud, material misrepresentation or failure to pay an independent insurance producer's account less the independent insurance producer's commission and any disputed items within thirty days after written demand by the company.
N.D. Cent. Code § 26.1-26.1-04
Termination of insurance producers for cause - Exceptions
Official source: North Dakota Legislative Branch. Reproduced from public-domain North Dakota statutes; confirm against the official source for the current text. Not legal advice.