Scope.

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58-29B-2. Scope.

The provisions of this chapter apply to:

(1)All insurers who are doing, or have done, an insurance business in this state, and against whom claims arising from that business may exist now or in the future;

(2)All insurers who purport to do an insurance business in this state;

(3)All insurers who have insureds resident in this state;

(4)All other persons organized or in the process of organizing with the intent to do an insurance business in this state;

(5)All nonprofit service plans and all fraternal benefit societies, health maintenance organizations, benefit societies and any other entity subject to Title 58;

(6)All title insurance companies, subject to chapter 58-25;

(7)Any entity whose administrative actions represent the administrative actions of an insurance company.

Source: SL 1989, ch 436, §2.


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