N.D. Cent. Code § 4.1-25-16

Current through 2024 Legislative Sessions
Section 4.1-25-16 - Notice to file claims - When claims barred

The department, as trustee, shall notify all persons having claims against the licensee personally by certified mail to file the claims with the department. Any person who fails to file a claim with the department and to surrender any receipts obtained from the licensee within thirty days after receiving notice is barred from pursuing the claim in any fund marshalled by the department as prescribed in this chapter. The department may proceed as prescribed by law when all producers have responded to the notification.

N.D.C.C. § 4.1-25-16

Added by S.L. 2017, ch. 68 (SB 2028),§ 1, eff. 7/1/2017.