New Hampshire Statutes
§ 401:18 — Maximum Risk Retention
The maximum net amount of risk which may be retained by a property and liability company for an individual risk shall be no greater than 10 percent of the company's capital and surplus.
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Legislative History
1990, 92:3, eff. June 9, 1990.
Nearby Sections
15
§ 401:1
Purposes§ 401:1-a
Purposes; Miscellaneous Insurance§ 401:11
Merger of Insurance Companies§ 401:13
Officers§ 401:15
Name§ 401:16
Name Reservation§ 401:17
Perpetual Existence; Presumption§ 401:18
Maximum Risk Retention§ 401:2
Incorporators§ 401:3
Capital Stock§ 401:4
Paid-up Capital§ 401:5
Combinations of Business