This office clause is a form dealing with compliance with legal requirements and insurance recommendations covering most all of the issues covered.
North Dakota Clause Addressing Compliance with Legal Requirements and Insurance Recommendations
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Multi-State
Control #:
US-OL13064
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Word;
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How to fill out Clause Addressing Compliance With Legal Requirements And Insurance Recommendations?
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26.1-30-19. Policy forms to be filed with and approved by commissioner. 1. No insurance policy, contract, agreement, or rate schedule may be issued or delivered in this state until the form of that policy, contract, agreement, or rate schedule has been filed with and approved by the commissioner.
26.1-04-03. Unfair methods of competition and unfair or deceptive acts or practices defined.
A driver who violates this section must be assessed a fine of fifty dollars.
Consideration. This is the premium or the future premiums that you have to pay to your insurance company. For insurers, consideration also refers to the money paid out to you should you file an insurance claim. This means that each party to the contract must provide some value to the relationship. Legal Capacity.
Contract risk management involves the accurate assessment of the amount of risk contained within a contract. This may include loss of opportunity, legal exposure if things go wrong, and potential business impact the contract will have on the involved parties.
North Dakota Auto Insurance Requirements North Dakota state law requires that all vehicles carry the following minimum insurance coverages: Bodily injury: $25,000 per person and $50,000 per accident. Property damage: $25,000 per accident. Uninsured motorist: $25,000 per person and $50,000 per accident.
26.1-36.10-02. Each drug manufacturer shall submit a report to the commissioner no later than the fifteenth day of January, April, July, and October with the current wholesale acquisition cost information for the prescription drugs sold in or into the state by that drug manufacturer.
