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ND HB1123
Bill
Status
3/18/2025
Primary Sponsor
Industry, Business and Labor
Click for details
AI Summary
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Filing fee for articles of incorporation increases from $25 to $50; certificate of authority fees increase from $100 to $150 for original issuance and annual renewal; certificate amendments increase from $50 to $100
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Annual statement filing fee increases from $25 to $100 for most insurance companies; filing abstract of annual statement for publication increases from $30 to $50
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Insurance producer appointment and renewal fees increase from $10 to $25 per company appointment
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Life or health insurance administrator license fee set at $250 initial and $100 annual renewal; multiple employer welfare arrangement initial application fee set at $500 with $100 annual renewal
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Removes commissioner's authority to increase fees after public hearing to generate revenue; adds provision allowing refunds for erroneous fee payments within two years of due date
Legislative Description
Fees charged by the insurance commissioner.
Last Action
Filed with Secretary Of State 03/18
3/19/2025