The Board of Directors of the North Dakota Insurance Reserve Fund (NDIRF) will hold a regularly scheduled meeting on May 8, 2025, 12:00 noon. The meeting will be held in person at 1022 E Divide Ave, Bismarck, ND, and virtually. To access the meeting virtually, visit https://ndirf.zoom.us/j/83019534737?pwd=KO3dMItw3b8A4wT1UMktsh3zW9LWOz.1. The meeting ID is 830 1953 4737 and the passcode is 461217.

At the time this notice is being prepared, the NDIRF Board of Directors expects the agenda of its meeting to include the following topics:
1. Action on Minutes of February 6, 2025, March 4, 2025, and March 26, 2025, Board Meetings

2. New Business

A. 2024 NDIRF Financial Audit – Eide Bailly

3. Reports

A. Chairperson’s Report
B. Reports of Board Members
C. CEO’s Report
D. Finance Department Report
E. Claims Department Report
F. Underwriting Department Report
G. Member Services Department Report
H. IT Department Report
I. Finance Committee Report (Meeting of May 8, 2025)

4. Unfinished Business:

A. Insurance Department Financial Examination
B. Legislative Update

5. New Business:

A. CEO Contract Discussion

As allowed pursuant to N.D.C.C. § 44-04-19.2, the Board of Directors of the NDIRF expects to enter into executive session under N.D.C.C. § 44-04-19.1(9) to discuss negotiating strategy or provide negotiating instructions regarding a pending contract for the position of Chief Executive Officer.

B. General Counsel Discussion
C. Insurance Department Management Comment Letter
D. Election of Secretary
E. Election of Treasurer
F. Election of NDIRF Board Chairperson-Elect
G. Amend and Restate Articles of Incorporation

6. Adjourn Meeting

Date of Notice: May 6, 2025