Chapter

Incorporated Mutual Insurance Companies

N.D. Cent. Code § 26.1-12-01— Organization of mutual insurance company - Minimum number of members
N.D. Cent. Code § 26.1-12-02— Corporate name - Restrictions
N.D. Cent. Code § 26.1-12-03— Articles of incorporation - Contents
N.D. Cent. Code § 26.1-12-04— Articles of incorporation - Filing - Issuance of certificate
N.D. Cent. Code § 26.1-12-05— Legal existence - Adoption of bylaws - Transaction of business
N.D. Cent. Code § 26.1-12-06— Bylaws of mutual company - Meetings - Notice - Quorum
N.D. Cent. Code § 26.1-12-07— Amendment of articles of incorporation - Amendment of bylaws - Extension of corporate existence
N.D. Cent. Code § 26.1-12-08— License required - Prerequisites to issuance of license
N.D. Cent. Code § 26.1-12-09— Temporary capital on organization of mutual life insurance company - Retirement
N.D. Cent. Code § 26.1-12-10— Mutual life insurance company - Amount of subscribed insurance required - Surplus required
N.D. Cent. Code § 26.1-12-11— Authority to insure or reinsure - Types of insurance open to mutual insurance company
N.D. Cent. Code § 26.1-12-11.1— Authority to define products
N.D. Cent. Code § 26.1-12-12— Compliance with general insurance laws - Provisions or conditions in policy
N.D. Cent. Code § 26.1-12-13— Applicability of general insurance laws to mutual companies
N.D. Cent. Code § 26.1-12-14— Membership in domestic mutual insurance company - Votes of members - Notice of meetings
N.D. Cent. Code § 26.1-12-15— Corporations, limited liability companies, associations, boards, and estates may become member of mutual insurance company - Rights and liabilities
N.D. Cent. Code § 26.1-12-16— Vote by proxy permitted - Manner of voting by proxy
N.D. Cent. Code § 26.1-12-17— Members of mutual company entitled to share of net profits
N.D. Cent. Code § 26.1-12-18— Premiums and contingent liabilities to be stated in bylaws and on policy - Collection of premiums
N.D. Cent. Code § 26.1-12-19— Nonpayment of premiums and contingent liabilities - Effect - Continuation of liability on mortgage clause policy
N.D. Cent. Code § 26.1-12-20— Separate reserves to be maintained for each kind of insurance written by mutual insurance company
N.D. Cent. Code § 26.1-12-21— Reserve fund may be established - Limitation - Use
N.D. Cent. Code § 26.1-12-22— Investments
N.D. Cent. Code § 26.1-12-23— Deficiency in assets - Assessments required
N.D. Cent. Code § 26.1-12-24— Making premium reserve good - Assessments - Cancellation of policies - Reinsurance
N.D. Cent. Code § 26.1-12-25— Directors and treasurer of mutual insurance company personally liable for not making and collecting assessments
N.D. Cent. Code § 26.1-12-26— Advance to mutual insurance company - Repayment - Reporting - Commission or promotion expense
N.D. Cent. Code § 26.1-12-27— Licensing foreign mutual insurance company - Prerequisites
N.D. Cent. Code § 26.1-12-28— Annual statements and examinations of mutual insurance companies
N.D. Cent. Code § 26.1-12-29— Dividends payable by mutual insurance company
N.D. Cent. Code § 26.1-12-30— Determination of dividends
N.D. Cent. Code § 26.1-12-31— Taxable premiums of mutual insurance company
N.D. Cent. Code § 26.1-12-32— Demutualization of domestic mutual insurance companies - Rules