New Hampshire Statutes

§ 402:30-e — Orders

New Hampshire·Title XXXVII INSURANCE·Ch. 402 INSURANCE COMPANIES AND AGENTS·Subdivision Dissolution of Companies
If the court is satisfied that there has been gross waste, misconduct or negligence in the management of its affairs, it shall decree a forfeiture of the company's charter or authority to do business, and shall make all other orders required for closing up and settling its affairs; otherwise the petition shall be dismissed and the defendant's taxable costs shall be paid by the state.

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New Hampshire § 402:30-e (Orders) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

Legislative History

1975, 311:1, eff. Aug. 6, 1975.

Nearby Sections

6
§ 402:30-a
Rulemaking
§ 402:30-b
Misconduct
§ 402:30-c
Petition
§ 402:30-d
Prosecution
§ 402:30-e
Orders
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