North Dakota Code 26.1-03-19.1 – Examination of companies – Definitions
Current as of: 2023 | Check for updates
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In sections 26.1-03-19.1 through 26.1-03-19.7, unless the context otherwise requires:
Terms Used In North Dakota Code 26.1-03-19.1
- 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.
- Individual: means a human being. See North Dakota Code 1-01-49
1. “Company” means any foreign or domestic insurance company as defined in section 26.1-02-01.
2. “Examiner” means any individual or firm having been authorized by the commissioner to conduct an examination under this chapter.
3. “Person” means any individual, aggregation of individuals, trust, association, partnership, or corporation, or any affiliate thereof.