North Dakota

The relevant statute is N.D. Cent. Code §26.1-04-04(2).

A. Actions lender may take: N.D. Cent. Code §26.1-04-04(2) - Although lenders may not require that borrowers obtain insurance through a particular insurance company, producer or broker, this provision does not forbid the securing of insurance because of the borrower's failure to furnish the necessary insurance or insurance renewal.

B. Notices required: No express statutory provision.

C. Coverage required: No express statutory provision.

D. Charges permitted: No express statutory provision.

E. Finance charge allowed on lender's payment: No express statutory provision.

Click here to view relevant North Dakota Code and Regulations.