NDAC 45-05-05-10
Direct production
Cite as N.D. Admin. Code ยง 45-05-05-10
1.
Any risk retention group required to register in this state pursuant to section 3(d) of the
Federal Liability Risk Retention Act of 1986 or section 45-05-05-02 which utilizes risk retention
representatives in soliciting, negotiating, procuring, or providing liability insurance for its
members located or resident within this state shall do so only through risk retention group
representatives licensed in this state pursuant to North Dakota Century Code chapters
26.1-26, 26.1-44, and 26.1-46 and this chapter provided, however, nothing herein may be
construed to prevent such a risk retention group from soliciting, negotiating, procuring, or
providing liability insurance for its members located or resident within this state directly
through its officers, directors, owners, partners, trustees, or full-time salaried employees not
so licensed in this state.
2.
Any purchasing group required to file notice of its intent to do business in this state pursuant
to section 4(d)(1) of the Federal Liability Risk Retention Act of 1986, North Dakota Century
Code section 26.1-46-07, or section 45-05-05-03 which utilizes purchasing group
representatives in soliciting, negotiating, procuring, or providing liability insurance for its
members located or resident within this state shall do so only through purchasing group
representatives licensed in this state pursuant to North Dakota Century Code chapters
26.1-26, 26.1-44, and 26.1-46, and this chapter.