2014 New Hampshire Revised Statutes
Title XXXVII - INSURANCE
Chapter 403-A - DISPOSAL OF ASSETS
Section 403-A:6 - Possession of Stocks, etc.

NH Rev Stat § 403-A:6 (2014) What's This?

    403-A:6 Possession of Stocks, etc. – If any insurance company, association, or exchange is found in possession of stocks, bonds, debentures, notes, investment certificates, securities, or other obligations or evidences of indebtedness acquired in violation of RSA 403-A:4, or if any of its officers, directors, members, or attorneys-in-fact have been convicted of a violation of RSA 403-A:4, such company, association, or exchange may be subject to suspension of its certificate of authority by the insurance commissioner. Nothing in this section shall be construed to prevent the insurance commissioner from bringing an action to dissolve such insurance company, association, or exchange.

Source. 1969, 293:1, eff. June 30, 1969.


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