26.1-26.1-04. Termination of insurance producers for cause - Exceptions

26.1-26.1-04. Termination of insurance producers for cause - Exceptions This chapter does not apply to terminations for abandonment, insolvency of the terminating company, gross and willful misconduct, refusal, suspension, revocation, or termination of the insurance producer's license by the insurance commissioner, sale or material change or ownership of agency, fraud, material misrepresentation or failure to pay an independent insurance producer's account less the independent insurance producer's commission and any disputed items within thirty days after written demand by the company.