2016 New Hampshire Revised Statutes
Title XXXVII - INSURANCE
Chapter 404-F - RISK-BASED CAPITAL (RBC) FOR INSURERS
Section 404-F:9 - Supplemental Provisions; Rules; Exemption.

NH Rev Stat § 404-F:9 (2016) What's This?
    404-F:9 Supplemental Provisions; Rules; Exemption. –
    I. The provisions of this chapter are supplemental to any other provisions of the laws of this state, and shall not preclude or limit any other powers or duties of the commissioner under such laws, including, but not limited to, RSA 402-C.
    II. The commissioner may adopt reasonable rules, under RSA 541-A, necessary for the implementation of this chapter.
    III. The commissioner may exempt from the application of this chapter any domestic property and casualty insurer which:
       (a) Writes direct business only in this state;
       (b) Writes direct annual premium of $2,000,000 or less; and
       (c) Assumes no reinsurance in excess of 5 percent of direct premium written.

Source. 1995, 113:1, eff. July 15, 1995.

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.