Statutes, codes, and regulations
North Dakota Administrative Code
Title 45 - Insurance, Commissioner ofArticle 45-03 - Regulation of Insurance Companies
Chapter 45-03-21 - Demutualization
Section 45-03-21-11 - Directors and officers

N.D. Admin. Code 45-03-21-11

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Current through Supplement No. 394, October, 2024
Section 45-03-21-11 - Directors and officers

The directors and officers of the converting insurer shall serve the converted insurer until new directors and officers are elected and qualify pursuant to the articles of incorporation and bylaws of the converted insurer.

N.D. Admin Code 45-03-21-11

Effective February 1, 2000.

General Authority: NDCC 26.1-12-32

Law Implemented: NDCC 26.1-12-32