There is a newer version
of
this Section
2020 New Hampshire Revised Statutes
Title XXXVII - Insurance
Title 402 - Insurance Companies and Agents
Section 402:47 - Inducing Lapses.
Universal Citation: NH Rev Stat § 402:47 (2020)
402:47 Inducing Lapses. –
No insurance company, association or society, officer, director, agent, solicitor or broker, nor any person, firm, association, or corporation, shall make any misrepresentation, oral, written, or otherwise, or any misleading estimate of the dividends or share of surplus to be received thereon or any incomplete comparison of policies, to any person insured in any company for the purpose of inducing or tending to induce such person to take out a policy of insurance, or for the purpose of inducing, or tending to induce, a policyholder in any company to lapse, forfeit, or surrender his insurance therein and to take out a policy of insurance in another like company.
Source. 1913, 127:2. PL 273:41. 1929, 47:1. RL 323:46.
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.
