N.D. Cent. Code § 26.1-05-24
26.1-05-24. Commissioner may examine books and securities of domestic life insurance company
26.1-05-24. Commissioner may examine books and securities of domestic life
insurance company.
The commissioner may examine the books, papers, securities, and business of any
domestic life insurance company at any time, or may authorize any other suitable person to
make the examination. The commissioner, or person authorized to make an examination, may
examine under oath any officer or agent of the company, or any other person, relative to the
business and management of the company. If upon the examination the commissioner is of the
opinion that the company is insolvent or that its condition is such as to render a further
continuance of its business hazardous, the commissioner may require the company to deposit
in the commissioner's office all securities specified in any list filed pursuant to section
26.1-05-23 and not deposited.