There is a newer version
of
this Section
2020 New Hampshire Revised Statutes
Title XXXVII - Insurance
Title 402-C - Insurers Rehabilitation and Liquidation
Section 402-C:61 - Subordination of Claims for Noncooperation.
Universal Citation: NH Rev Stat § 402-C:61 (2020)
402-C:61 Subordination of Claims for Noncooperation. –
If an ancillary receiver in another state or foreign country, whether called by that name or not, fails to transfer to the domiciliary liquidator in this state any assets within his control other than special deposits, diminished only by the expenses of the ancillary receivership, if any, the claims filed in the ancillary receivership, other than special deposit claims or secured claims, shall be placed in the class of claims under RSA 402-C:44, VIII.
Source. 1969, 272:1. 1998, 99:5, eff. July 19, 1998.
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.
