N.D. Cent. Code § 4.1-61-08
This is the official text of N.D. Cent. Code § 4.1-61-08, part of North Dakota’s Cent. Code — part of the compiled statutory law of North Dakota, published by the state as "Cent. Code." Browse the sections below, each linked to its official government source.
Not legal advice. This page reproduces the official text of a government statute for reference only. Laws change, and how a statute applies depends on your specific facts. For advice about your situation, consult a licensed attorney in your state.
4.1-61-08. Reimbursement for later insolvencies
Official statutory text
4.1-61-08. Reimbursement for later insolvencies
The commissioner shall ensure all persons eligible for payment from the indemnity fund as
a result of an insolvency are fully compensated to the extent permitted by this chapter before
any payments from the indemnity fund are initiated as a result of a later insolvency. The
chronological order of insolvencies is determined by the date the commissioner is appointed
trustee under section 4.1-58-40 or 4.1-59-21.
The commissioner shall ensure all persons eligible for payment from the indemnity fund as
a result of an insolvency are fully compensated to the extent permitted by this chapter before
any payments from the indemnity fund are initiated as a result of a later insolvency. The
chronological order of insolvencies is determined by the date the commissioner is appointed
trustee under section 4.1-58-40 or 4.1-59-21.
Status: in_force · Read it on the official government site
Need a lawyer in North Dakota?
Find a North Dakota lawyer
About this page: Statute text is reproduced from official government publishers via the
Open US Law dataset
(Vaquill AI, snapshot v2026.08, CC BY 4.0). Primary legislative text like this is public domain under the government-edicts doctrine
(Georgia v. Public.Resource.Org, 2020). We link every section back to its official source so you can verify it independently.