i. Contract approval
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i. Contract approval
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<br />RISK MANAGEMENT <br /> <br />A Division of the North Dakota Office of Manag;ement & Budg;et <br /> <br />CERTIFICATE OF FINANCIAL RESPONSIBILITY <br /> <br />THIS CERTIFICATE IS ISSUED AS A MATTER OF INFORMATION ONLY AND CONFERS <br />NO RIGHTS UPON THE CERTIFICATE HOLDER. THIS CERTIFICATE DOES NOT <br />AMEND, EXTEND OR ALTER THE LIABILITIES ASSUMED BY THE STATE OF NORTH <br />DAKOTA OR THE COVERAGES THAT MAY BE AFFORDED BY ANY INSURANCE <br />CARRIERS OR SELF-INSURED FUNDS. <br /> <br />LIABILITY OF THE STATE IS CREATED AND LINHTED BY ENACTMENT OF CHAPTER <br />32-12.2 OF THE NORTH DAKOTA CENTURY CODE. AS OF APRIL 22, 1995, ALL TERMS, <br />CONDITIONS, STATUTES OF LIMITATIONS APPLY AS OUTLINED THEREIN. <br />DAMAGES THAT MAY BE PAID WITHOUT SPECIFIC LEGISLATIVE AUTHORITY FOR <br />EVENTS OCCURRING PRIOR TO AUGUST 1, 1997, ARE $250,000 PER PERSON AND <br />$750.000 PER OCCURRENCE; ON OR AFTER AUGUST 1, 1997, $250,000. PER PERSON <br />AND $1.000,000 PER OCCURRENCE. <br /> <br />THE STATE OF NORTH DAKOTA HAS FUNDED FOR THIS LIABILITY EXPOSURE AT A <br />LEVEL DETERMINED BY AN INDEPENDENT ACTUARY. <br /> <br />DESCRIPTION OF OPERATIONS/LOCATIONSNEHICLES/SPECIAL ITEMS: <br /> <br />North Dakota Department of Transportation. <br /> <br />THIS CERTIFICATE IS ISSUED TO: <br /> <br />To Whom it May Concern <br /> <br />ON THIS DATE OF: <br /> <br />April 16, 1998 <br /> <br />BY: <br /> <br /> <br />600 E. Boulevard Ave. . IS'h Floor. Bismarck. l\orth Dakota 58505-1800 . Telephone: 701-328-1 SS9 . F:lx: 701-328-195.5 <br />
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