New Hampshire Statutes
§ 402:13 — Stock Companies
New Hampshire·Title XXXVII INSURANCE·Ch. 402 INSURANCE COMPANIES AND AGENTS·Subdivision Licenses to Local Companies
No such license shall be issued to a stock company unless in addition to its paid-up capital it shall have a surplus over all liabilities, consisting of money or other lawful assets, to an amount not less than 25 percent of its capital stock.
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Legislative History
1917, 78:2. PL 273:12. RL 323:13.
Nearby Sections
15
§ 402:1
Members' Liability§ 402:10
Requirement§ 402:11
Information§ 402:11-a
Prohibitions§ 402:12
Licenses§ 402:13
Stock Companies§ 402:14
Mutual Companies§ 402:15
Eligibility as Agent§ 402:15-b
Direct Billing Restricted§ 402:16-b
Insurance Referrals