25.1087.01000
Sixty-ninth
Legislative Assembly
of North Dakota
Introduced by
Representatives Grueneich, D. Anderson, Dockter, Fisher, Heinert, Jonas, Brandenburg,
Swiontek
Senators Erbele, Conley, Walen
A BILL for an Act to amend and reenact section 26.1-03-10 of the North Dakota Century Code,
relating to the publication of an abstract of annual statement.
BE IT ENACTED BY THE LEGISLATIVE ASSEMBLY OF NORTH DAKOTA:
SECTION 1. AMENDMENT. Section 26.1-03-10 of the North Dakota Century Code is
amended and reenacted as follows:
26.1-03-10. Publication of abstract of annual statement and certificate of authority.
An insurance company, at the time it submits its annual statement for filing, shall submit an
abstract of the annual statement for publication uponon the form prescribed by the
commissioner. The abstract of the annual statement of each company, other than a state or
county mutual insurance company, must be published at least three times in onea newspaper of
general circulation, designated by the commissioner, printed and published in each judicial
district in this state in which the company has an agency and evenly distributed for publication
across all newspapers operating in the judicial district. The abstract of the annual statement of
each state or county mutual insurance company must be published once in a newspaper
published in the county in which the company has its principal place of business, the newspaper
to be designated by the members of the company at their annual meeting. The certificate of
authority issued by the commissioner to authorize the company to do business within this state
must be published in connection with the publication of the abstract of its annual statement. The
fees for publication are those provided under section 46-05-03. Proof of publication must be
filed with the commissioner within four months after the filing of the annual statement. The
commissioner shall provide abstracts, in a convenient form, on the commissioner's website.
Page No. 1 25.1087.01000
HOUSE BILL NO. 1398
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