2016 New Hampshire Revised Statutes
Title XXXVII - INSURANCE
Chapter 405-B - NONADMITTED INSURANCE, MULTI-STATE RISKS PREMIUM COLLECTION AND DISBURSEMENT
Section 405-B:5 - Single Home State Rate; Independently Procured Under RSA 406-B:16.

    405-B:5 Single Home State Rate; Independently Procured Under RSA 406-B:16. –
    I. Every insured who procures or causes to be procured or continues or renews insurance with any unlicensed insurer pursuant to RSA 406-B:16 shall collect and pay to the commissioner a sum based on the total gross premiums charged, less any return premiums, for independently procured insurance.
    II. Where the insurance covers properties, risks, or exposures located or to be performed both in and out of this state, the sum payable shall be computed based on:
       (a) An amount equal to 3 percent on the portion of the gross premiums allocated to this state, plus
       (b) An amount equal to the portion of the premiums allocated to other states or territories on the basis of the tax rates and fees applicable to properties, risks or exposures located or to be performed outside this state, less
       (c) The amount of gross premiums allocated to this state and returned to the insured.

Source. 2011, 191:5, eff. Aug. 13, 2011.