N.D. Cent. Code § 26.1-17-25

Current through 2024 Legislative Session
Section 26.1-17-25 - Rate requirements

Rates must cover reasonably anticipated claims, cover reasonable costs of operation and overhead expenses, and maintain contingency reserves at a proper level of not less than the sum of incurred claims and operating and overhead expenses for at least two months, but not more than four months. Rates may not be excessive, inadequate, or unfairly discriminatory.

N.D.C.C. § 26.1-17-25