New Hampshire Statutes
§ 402:4 — Assessments on Closing Business
New Hampshire·Title XXXVII INSURANCE·Ch. 402 INSURANCE COMPANIES AND AGENTS·Subdivision Mutual Companies
No more than 30 percent above its actual indebtedness shall be assessed by any such company to close its affairs; and the officers and agents thereof shall not receive more than 20 percent of the money collected for their services in closing its business.
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Legislative History
1858, 2082:4. GS 158:6. GL 173:6. PS 168:4. PL 273:4. RL 323:4.
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
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