N.D. Cent. Code § 26.1-06.1-55

26.1-06.1-55. Claims of residents against insurers domiciled in reciprocal states

Year: 2026Length: 148 wordsOfficial source
26.1-06.1-55. Claims of residents against insurers domiciled in reciprocal states 1. In a liquidation proceeding in a reciprocal state against an insurer domiciled in that state, claimants against the insurer who reside within this state may file claims either with the ancillary receiver, if any, in this state, or with the domiciliary liquidator. Claims must be filed on or before the last dates fixed for the filing of claims in the domiciliary liquidation proceeding. 2. Claims belonging to claimants residing in this state may be proved either in the domiciliary state under the law of that state, or in ancillary proceedings, if any, in this state. If a claimant elects to prove a claim in this state, the claimant shall file the claim with the liquidator in the manner provided in sections 26.1-06.1-34 and 26.1-06.1-35. The ancillary receiver shall make a recommendation to the court as under section
N.D. Cent. Code § 26.1-06.1-55: 26.1-06.1-55. Claims of residents against insurers domiciled in reciprocal states | Justis AI