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HB1026
Moving Control of the State Bonding Fund
Last scannedAug 25, 2026, 3:24 AM
In one sentence
This law moves control of North Dakota's state bonding fund from the Insurance Commissioner to the Office of Management and Budget.
What it does
- Changes which agency manages the state bonding fund.
- Moves administration duties from the insurance commissioner to the office of management and budget.
- Updates specific sections of the North Dakota Century Code to reflect this change.
- Removes old code sections that described how the insurance commissioner managed the fund.
- Provides a continuing appropriation for the fund.
Who it affects
- The Office of Management and Budget
- The Insurance Commissioner
Limits and unknowns
- The official text does not state when this law officially takes effect.
- The source material lists code numbers but does not explain every specific rule change inside those sections.
Official record
Sources
Official summary
HB 1026