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ND SB2092
Bill
Status
Passed
4/8/2025
Primary Sponsor
Industry and Business
Click for details
AI Summary
- Removes outdated transitional provision that exempted licenses issued between May 1, 2023, and July 31, 2023, from renewal until April 30, 2025
- Maintains annual license renewal deadline of April 30th for life settlement providers and brokers, with failure to pay resulting in automatic revocation or expiration
- Licenses issued after January 1st are not required to renew until April 30th of the following calendar year
- Passed unanimously in both chambers (Senate 46-0, House 89-0)
Legislative Description
Life settlement producer licenses and reporting requirements.
Last Action
Filed with Secretary Of State 04/08
4/9/2025
Committee Referrals
Industry, Business and Labor2/18/2025
Industry and Business1/7/2025
Full Bill Text
No bill text available