NDAC 45-03-05-12.1
Acquisition of subdivision d of subsection 1 of North Dakota Century Code section 26.1-10-03 insurers
Cite as N.D. Admin. Code ยง 45-03-05-12.1
1.
If the person being acquired is deemed to be a "domestic insurer" solely because of the
provisions of subdivision d of subsection 1 of North Dakota Century Code section 26.1-10-03,
the name of the domestic insurer on the cover page must be indicated as follows:
"ABC Insurance Company, a subsidiary of XYZ Holding Company".
2.
If subdivision d of subsection 1 of North Dakota Century Code section 26.1-10-03 insurer is
being acquired, references to "the insurer" contained in Form A must refer to both the
domestic subsidiary insurer and the person being acquired.