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2020 New Hampshire Revised Statutes
Title XXXVII - Insurance
Title 402 - Insurance Companies and Agents
Section 402:30-e - Orders.
Universal Citation: NH Rev Stat § 402:30-e (2020)
402:30-e Orders. –
If the court is satisfied that there has been gross waste, misconduct or negligence in the management of its affairs, it shall decree a forfeiture of the company's charter or authority to do business, and shall make all other orders required for closing up and settling its affairs; otherwise the petition shall be dismissed and the defendant's taxable costs shall be paid by the state.
Source. 1975, 311:1, eff. Aug. 6, 1975.
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