N.D. Cent. Code § 26.1-12.2-18

Current through 2024 Legislative Session
Section 26.1-12.2-18 - Amendment of policies

A mutual company, by endorsement or rider approved by the commissioner and sent to the policyholder, may simultaneously with or at any time after the effective date of the conversion amend any outstanding insurance policy for the purpose of extinguishing the membership rights of such policyholder.

N.D.C.C. § 26.1-12.2-18

Added by S.L. 2015, ch. 209 (HB 1313),§ 2, eff. 7/1/2015.