There is a newer version of the New Hampshire Revised Statutes
2014 New Hampshire Revised Statutes
Title XXXVII - INSURANCE
Chapter 408 - LIFE INSURANCE
Section 408:20 - Trust Fund.
NH Rev Stat § 408:20 (2014) What's This?
408:20 Trust Fund. – Of the trust fund or reserve required to be accumulated and maintained by RSA 408:17 such corporation shall deposit in trust with the commissioner, before being licensed as aforesaid, and shall keep on deposit with him, securities at least equal in value to the amount which one assessment call upon its certificate or policyholders would produce; but the corporation shall have at all times, on approval of the commissioner, the right to exchange any part of said securities for others of like amount and character.
Source. 1911, 27:1. 1913, 80:3. 1917, 46:1. PL 277:38. 1929, 17:1. RL 327:18.
Disclaimer: These codes may not be the most recent version. New Hampshire may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
This site is protected by reCAPTCHA and the Google
Privacy Policy and
Terms of Service apply.
