Reimbursement for later insolvencies

N.D. Cent. Code § 4.1-61-08
in effect
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4.1-61-08. Reimbursement for later insolvencies The commissioner shall ensure all persons eligible for payment from the indemnity fund as a result of an insolvency are fully compensated to the extent permitted by this chapter before any payments from the indemnity fund are initiated as a result of a later insolvency. The chronological order of insolvencies is determined by the date the commissioner is appointed trustee under section 4.1-58-40 or 4.1-59-21.
Source: Open US Law by Vaquill AI (CC BY 4.0)URL: https://ndlegis.gov/cencode/t04-1c61.pdf#nameddest=4p1-61-08Fetched: 10/16/2026

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