N.D. Admin. Code 45-03-21-03

Current through Supplement No. 394, October, 2024

Section 45-03-21-03 - Board of directors approval

A plan of conversion under this chapter must be adopted by no less than a majority of the board of directors of the converting insurer unless otherwise provided in the articles of incorporation or bylaws.

N.D. Admin Code 45-03-21-03

Effective February 1, 2000.

General Authority: NDCC 26.1-12-32

Law Implemented: NDCC 26.1-12-32