There is a newer version of the New Hampshire Revised Statutes
2014 New Hampshire Revised Statutes
Title XXXVII - INSURANCE
Chapter 411-A - REGULATION OF INVESTMENTS OF LIFE INSURANCE COMPANIES
Section 411-A:5 - Authorization; Record of Investments.
NH Rev Stat § 411-A:5 (2014) What's This?
411-A:5 Authorization; Record of Investments. – An insurer shall not make any investment of loan, other than policy loans or annuity contract loans, unless the same is authorized or approved by the insurer's board of directors; provided however, that nothing in this chapter shall prohibit an insurer's board of directors from delegating its authority to make and acquire investments and loans. The insurer shall maintain a full record of each investment.
Source. 1978, 11:1, eff. July 1, 1978.
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