New Hampshire Statutes
§ 402:3 — Assessment
New Hampshire § 402:3
JurisdictionNew Hampshire
Title XXXVIIINSURANCE
Ch. 402INSURANCE COMPANIES AND AGENTS
SubdivisionMutual Companies
This text of New Hampshire § 402:3 (Assessment) 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. § 402:3 (2026).
Text
No person insured in such company, or in any class thereof, in which the amount insured is less than $50,000, shall be assessed any greater sum than he would be if that amount were insured; but the officers of the company shall be individually liable for the indebtedness of the company not provided for by such assessments.
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Legislative History
1858, 2082:2. GS 158:5. GL 173:5. PS 168:3. PL 273:3. RL 323:3.
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 ReferralsCite This Page — Counsel Stack
Bluebook (online)
New Hampshire § 402:3, Counsel Stack Legal Research, https://law.counselstack.com/statute/nh/402/402%3A3.