New Hampshire Statutes
§ 401:5 — Combinations of Business
New Hampshire § 401:5
JurisdictionNew Hampshire
Title XXXVIIINSURANCE
Ch. 401INCORPORATION AND POWERS OF INSURANCE COMPANIES
This text of New Hampshire § 401:5 (Combinations of Business) 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. § 401:5 (2026).
Text
Articles of agreement of such a stock or mutual company may provide for the transaction of any combinations of 2 or more kinds of insurance authorized by RSA 401:1 except that specified by paragraph III of said section which may only be combined with insurance specified in paragraph IV or V, or both. The articles of agreement of a mutual company issuing assessable policies may not provide for the transaction of any but the following combinations of business: That specified in paragraph I of RSA 401:1 with that specified in paragraph II; That specified in paragraphs III, IV, and V or any 2 of said paragraphs; That specified in paragraphs IV, V, VI, and VII or in any 2 or more of said paragraphs, unless such company shall have and maintain a policyholders' surplus of at least $400,000.
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Legislative History
1917, 80:5. PL 272:5. 1939, 25:2. RL 322:5. 1947, 182:4. RSA 401:5. 1969, 283:2, eff. June 25, 1969.
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 BusinessCite This Page — Counsel Stack
Bluebook (online)
New Hampshire § 401:5, Counsel Stack Legal Research, https://law.counselstack.com/statute/nh/401/401%3A5.