New Hampshire Statutes
§ 402:8 — Dividends
New Hampshire § 402:8
JurisdictionNew Hampshire
Title XXXVIIINSURANCE
Ch. 402INSURANCE COMPANIES AND AGENTS
SubdivisionMutual Companies
This text of New Hampshire § 402:8 (Dividends) 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. § 402:8 (2026).
Text
From time to time the directors of a mutual insurance company may, by vote, fix and determine the percentage of dividend or expiration return of premium to be paid on expiring policies, and may classify its risks as to dividends and assessments; but policies insuring risks in this state in the same classification shall have an equal rate of dividend and assessment.
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Legislative History
1855, 1662:2. GS 158:8. GL 173:8. PS 168:10. 1917, 30:5. PL 273:8. RL 323:8.
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 § 402:8, Counsel Stack Legal Research, https://law.counselstack.com/statute/nh/402/402%3A8.