New Hampshire Statutes
§ 126-Q:5 — Powers and Duties
New Hampshire § 126-Q:5
This text of New Hampshire § 126-Q:5 (Powers and Duties) is published on Counsel Stack Legal Research, covering New Hampshire primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Bluebook
N.H. Rev. Stat. Ann. § 126-Q:5 (2026).
Text
In addition to the duties and powers enumerated elsewhere in this chapter:
I.The commissioner of insurance shall, after notice from the association, issue a show cause order to any assessable entity that fails to comply with the association's plan of operation. In addition to late fees and other penalties imposed by the association, assessable entities may, after a finding of just cause, be subject to a minimum fine of $5,000, a maximum fine of 25 percent of the total amount of delinquent assessments, and licensure suspension.
I-a. The insurance commissioner shall annually review the assessment report required under RSA 126-Q:3, V(k) to ensure that all assessable entities are participating in the association and that all assessable entities have accurately reported assessable lives. The a
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Legislative History
2002, 279:2. 2008, 375:2, 16. 2013, 260:7, eff. July 24, 2013.
Nearby Sections
9
§ 126-Q:1
Definitions§ 126-Q:2
Creation of Association§ 126-Q:4
Assessment Determination§ 126-Q:5
Powers and Duties§ 126-Q:6
Examinations and Annual Reports§ 126-Q:7
Exemption From Taxes§ 126-Q:8
Immunity From Liability§ 126-Q:9
Severability of ChapterCite This Page — Counsel Stack
Bluebook (online)
New Hampshire § 126-Q:5, Counsel Stack Legal Research, https://law.counselstack.com/statute/nh/126-Q/126-Q%3A5.