N.D. Cent. Code § 26.1-22-13

Current through 2024 Legislative Session

Section 26.1-22-13 - Reserve balance - Payment of loss

All assessments, interest, and profits on investments and all other income of the fund must be added to a reserve balance within the fund. All losses incurred, including loss adjustment expenses and operating expenses appropriated by the legislative assembly, must be paid from the reserve balance in the manner provided by law.

N.D.C.C. § 26.1-22-13