NDAC 45-03-07.2-04
Existing agreements
Cite as N.D. Admin. Code § 45-03-07.2-04
Insurers subject to this chapter shall reduce to zero by December 31, 1995, any reserve credits or
assets established with respect to reinsurance agreements entered into prior to October 1, 1995,
which, under this chapter would not be entitled to recognition of the reserve credits or assets; provided,
however, that the reinsurance agreements must have been in compliance with laws or rules in
existence immediately preceding October 1, 1995.