# N.D. Cent. Code § 26.1-05-01: 26.1-05-01. General powers and duties of domestic company

> North Dakota · Statutes · In force

URL: https://www.frixlaw.com/law-library/statutes/STATE_ND_T26.1_C26.1-05_S26.1-05-01

## Section

- **Citation:** N.D. Cent. Code § 26.1-05-01
- **Heading:** 26.1-05-01. General powers and duties of domestic company
- **Jurisdiction:** North Dakota
- **Kind:** Statutes
- **Status:** In force
- **Text as of:** August 14, 2026
- **Source:** Compiled text
- **Location:** ND Code / Title 26.1 / Chapter 26.1-05 / Section 26.1-05-01

## Text

26.1-05-01. General powers and duties of domestic company

Every insurance company incorporated or formed by authority of any law of this state,

except when otherwise expressly provided, may exercise the powers and is subject to the duties

and liabilities provided by this title. The general law governing profit corporations applies to an

incorporated domestic insurance company so far as the provisions are pertinent and not in

conflict with provisions contained in this title relating to the company.

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Source: Frix Law Library, https://www.frixlaw.com/law-library/statutes/STATE_ND_T26.1_C26.1-05_S26.1-05-01. Check the current official text before relying on it. Not legal advice.