This bill amends various sections of the North Dakota Century Code to update the fees charged by the insurance commissioner. Key changes include an increase in the fee for the original certificate of authority and its annual renewal from $100 to $150, as well as the introduction of new fees for filing annual statements for county mutuals and life settlement providers. Additionally, the bill specifies fees for various licenses, including a $500 initial application fee for multiple employer welfare arrangements and a $250 fee for a life or health insurance administrator license, with annual renewals set at $100.

The bill also modifies existing language to streamline the fee structure by referencing the updated fee amounts in section 26.1-01-07 throughout the relevant sections. It removes previous caps on certain fees and allows for refunds of erroneous payments made by individuals, provided claims are submitted within two years. Overall, the bill aims to clarify and standardize the fee schedule for insurance-related services in North Dakota.

Statutes affected:
INTRODUCED: 26.1-01-07, 26.1-26-13.4, 26.1-26.8-04, 26.1-26.8-05, 26.1-26.8-06, 26.1-26.8-09
25.8124.01001 : 26.1-01-07, 26.1-01-07.1, 26.1-26-13.4, 26.1-26.8-04, 26.1-26.8-05, 26.1-26.8-06, 26.1-26.8-09
FIRST ENGROSSMENT: 26.1-01-07, 26.1-01-07.1, 26.1-26-13.4, 26.1-26.8-04, 26.1-26.8-05, 26.1-26.8-06, 26.1-26.8-09
Prepared by the Legislative Council staff for House Appropriations Committee: 26.1-01-07, 26.1-26-13.4, 26.1-26.8-04, 26.1-26.8-05, 26.1-26.8-06, 26.1-26.8-09
SECOND ENGROSSMENT: 26.1-01-07, 26.1-26-13.4, 26.1-26.8-04, 26.1-26.8-05, 26.1-26.8-06, 26.1-26.8-09
PREFILED: 26.1-01-07, 26.1-26-13.4, 26.1-26.8-04, 26.1-26.8-05, 26.1-26.8-06, 26.1-26.8-09