Single premium and nonparticipating life policies

N.D. Cent. Code § 26.1-33-04
in effect
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26.1-33-04. Single premium and nonparticipating life policies A single premium life insurance policy may be issued in any form prescribed in this chapter omitting therefrom provisions or portions thereof applicable only to other than single premium policies. A nonparticipating life insurance policy may be issued in any form prescribed in this chapter if the policy contains a provision that the policy is nonparticipating, and the policy omits clauses for participation in the surplus of the company.
Source: Open US Law by Vaquill AI (CC BY 4.0)URL: https://ndlegis.gov/cencode/t26-1c33.pdf#nameddest=26p1-33-04Fetched: 10/16/2026

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