New Hampshire Statutes

§ 403:3 — Retirement of Guaranty Funds

New Hampshire § 403:3
JurisdictionNew Hampshire
Title XXXVIIINSURANCE
Ch. 403GUARANTY FUND OF MUTUAL INSURANCE COMPANIES

This text of New Hampshire § 403:3 (Retirement of Guaranty Funds) 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. § 403:3 (2026).

Text

Any mutual insurance company which shall create a guaranty fund under either of the 2 preceding sections may, with the approval of the insurance commissioner, reduce or retire such fund in whole or in part, but it may not be otherwise distributed except to pay the obligations of the company.

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Legislative History

1947, 149:1 par. 13, eff. May 15, 1947.

Nearby Sections

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Bluebook (online)
New Hampshire § 403:3, Counsel Stack Legal Research, https://law.counselstack.com/statute/nh/403/403%3A3.