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2020 New Hampshire Revised Statutes
Title XXXVII - Insurance
Title 402 - Insurance Companies and Agents
Section 402:8 - Dividends.
Universal Citation: NH Rev Stat § 402:8 (2020)
402:8 Dividends. –
From time to time the directors of a mutual insurance company may, by vote, fix and determine the percentage of dividend or expiration return of premium to be paid on expiring policies, and may classify its risks as to dividends and assessments; but policies insuring risks in this state in the same classification shall have an equal rate of dividend and assessment.
Source. 1855, 1662:2. GS 158:8. GL 173:8. PS 168:10. 1917, 30:5. PL 273:8. RL 323:8.
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