North Dakota Code 43-01-12 – Board may require additional security on abstracter’s bond
Current as of: 2023 | Check for updates
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The board, upon thirty days’ notice, may require any person, firm, corporation, or limited liability company holding a certificate of authority to furnish additional bond or additional abstracter’s liability coverage as to the board seems proper, and to show cause why any bond or abstracters’ liability policy filed with it should not be held and declared insufficient and invalid.
Terms Used In North Dakota Code 43-01-12
- Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
- Person: means an individual, organization, government, political subdivision, or government agency or instrumentality. See North Dakota Code 1-01-49