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

Current through Supplement No. 394, October, 2024

Section 45-05-09-05 - Defense-only policies excepted

Defense-only policies are excepted from the requirements of chapter 45-05-09. A defense-only policy is a policy which is purchased solely to provide a legal defense and is not meant to provide indemnification or to be a source of payment for damages to a third party.

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

Adopted by Administrative Rules Supplement 2015-356, April 2015, effective 4/1/2015.

General Authority: NDCC 28-32-02

Law Implemented: NDCC 26.1-04-02