Organization may make premium due immediately - When premium is in default - Penalty
N.D. Cent. Code § 65-04-22
in effect65-04-22. Organization may make premium due immediately - When premium is in
default - Penalty.
The organization may require a security deposit, or other instrument that is acceptable to
the organization, within any time which, in the judgment of the organization, is reasonable and
necessary. The organization may require advance payment of the premium, either in full or in
installments. Any payment shall be in default one month from the payment due date specified in
the billing statement.
Default of any installment payment will, at the option of the organization, make the entire
remaining balance of the premium due and payable. The organization may declare an employer
uninsured at any time after forty-five days have passed from the due date specified in the billing
statement and the employer has failed to make a payment to the organization. The organization
may decline coverage to any employer that has been determined to be uninsured under this
section or where a premium delinquency remains unresolved.
When an employer defaults in the payment of a premium, an installment of the premium,
penalty or interest, or in the filing of any bond required under this chapter, the employer at the
time of default is subject to a penalty not to exceed two hundred fifty dollars plus two percent of
the amount of premiums, penalties, and interest in default, and beginning one month after
default, a penalty of two percent of the amount of premiums, penalties, and interest in default for
each month or fraction of a month the premium, penalty, or interest remains unpaid.
Source: Open US Law by Vaquill AI (CC BY 4.0)URL: https://ndlegis.gov/cencode/t65c04.pdf#nameddest=65-04-22Fetched: 10/16/2026