The board, commissioner, administrator, negotiators, mediators, and other personnel are not subject to any liability arising from any actions or omissions in attempting to reach a settlement.

Terms Used In North Dakota Code 6-09.10-04.1

  • board: when used in this title includes the state banking board and the state credit union board. See North Dakota Code 6-01-03
  • Commissioner: means the commissioner of financial institutions. See North Dakota Code 6-01-02
  • Settlement: Parties to a lawsuit resolve their difference without having a trial. Settlements often involve the payment of compensation by one party in satisfaction of the other party's claims.