Surety bond required
N.D. Cent. Code § 13-12-07
in effect13-12-07. Surety bond required
1. Each licensee shall maintain a surety bond in an amount not less than fifty thousand
dollars. The surety bond must be in a form prescribed by the commissioner.
2. When an action is commenced on a licensee's bond, the commissioner may require
the filing of a new bond.
3. Immediately upon recovery of any action on the bond, the licensee shall file a new
bond.
Source: Open US Law by Vaquill AI (CC BY 4.0)URL: https://ndlegis.gov/cencode/t13c12.pdf#nameddest=13-12-07Fetched: 10/16/2026
