Statutes, codes, and regulations
North Dakota Administrative Code
Title 45 - Insurance, Commissioner ofArticle 45-05 - Property and Casualty Insurance
Chapter 45-05-09 - Defense Expenses Within the Limit of Liability Provisions
Section 45-05-09-04 - Acknowledgment

N.D. Admin. Code 45-05-09-04

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Current through Supplement No. 394, October, 2024
Section 45-05-09-04 - Acknowledgment

The applicant or insured must sign a disclosure form as part of the application or renewal process wherein the applicant or insured acknowledges that the subject policy has limits of liability which may be reduced or completely eliminated by payments for legal defense costs or claims expenses. Only one signed disclosure is required regardless of whether the disclosure is attached to an application or a renewal.

N.D. Admin Code 45-05-09-04

Adopted by Administrative Rules Supplement 2015-356, April 2015, effective 4/1/2015.
Amended by Administrative Rules Supplement 374, October 2019, effective 10/1/2019.
Amended by Administrative Rules Supplement 2022-384, April 2022, effective 4/1/2022.

General Authority: NDCC 28-32-02

Law Implemented: NDCC 26.1-04-02