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ND HB1398

Bill

Status

Passed

4/8/2025

Primary Sponsor

Jim Grueneich

Click for details

Origin

House of Representatives

69th Legislative Assembly

AI Summary

  • Amends North Dakota Century Code section 26.1-03-10 governing how insurance companies publish abstracts of their annual financial statements

  • Changes publication requirement from one commissioner-designated newspaper per judicial district to publishing in one newspaper of general circulation with publications evenly distributed across all newspapers operating in that judicial district

  • Removes the requirement that publication occur specifically in judicial districts where the company has an agency

  • Requires the Insurance Commissioner to provide abstracts in convenient form on the commissioner's website

  • Passed the House 86-6 and the Senate 44-2 during the 69th Legislative Assembly (2025 session)

Legislative Description

The publication of an abstract of annual statement.

Last Action

Filed with Secretary Of State 04/08

4/9/2025

Committee Referrals

Industry and Business2/13/2025
Industry, Business and Labor1/13/2025

Full Bill Text

No bill text available