North Dakota Code 26.1-29-25 – Misrepresentations – Determination of materiality – Effect
Current as of: 2023 | Check for updates
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An oral or written misrepresentation made in the negotiation of an insurance contract or policy by the insured or in the insured’s behalf is material or defeats or avoids the policy or prevents its attaching only if the misrepresentation has been made with actual intent to deceive or unless the matter misrepresented increased the risk of loss.
Terms Used In North Dakota Code 26.1-29-25
- Contract: A legal written agreement that becomes binding when signed.
- written: include "typewriting" and "typewritten" and "printing" and "printed" except in the case of signatures and when the words are used by way of contrast to typewriting and printing. See North Dakota Code 1-01-37