N.D. Cent. Code § 26.1-02-22
26.1-02-22. Accepting reinsurance of unauthorized company prohibited
26.1-02-22. Accepting reinsurance of unauthorized company prohibited
An insurance or surety company may not assume the whole or any part of any risk covering
property located in this state, as a reinsurance company or in any other manner, insured by any
insurance company not authorized to transact business in this state.