North Dakota Code 26.1-21-15 – Limitation of time for bringing action against the fund – Interest – Limitation on time for fund liability
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An action may not be maintained against the fund upon any claim unless the action is commenced within one year after filing of the claim with the commissioner. Interest on the claim runs from the date of filing the claim with the commissioner. The liability of the fund is limited to a breach of a condition of the bond which occurred within two years before the date of filing the claim with the commissioner.
Terms Used In North Dakota Code 26.1-21-15
- year: means twelve consecutive months. See North Dakota Code 1-01-33