New Hampshire Statutes
§ 404-C:11 — State Contribution for Federally Reinsured Losses and Assessment of Insurers
The commissioner is authorized to assess each insurance company authorized to do business in this state an aggregate amount sufficient to provide a fund to reimburse the United States Secretary of Housing and Urban Development as provided in section 1223(a)(1) of the National Housing Act as amended by section 1103 of the Urban Property Protection and Reinsurance Act of 1968, P.L. 90-448, 82 Stat.
476.The assessment shall be made on those lines of insurance coverage reinsured during the current year in this state by the United States Secretary of Housing and Urban Development pursuant to such chapter. The assessment shall be in the proportion that the premiums earned during the preceding calendar year by each such company in this state bear to the aggregate premiums earned on those lines o
Free access — add to your briefcase to read the full text and ask questions with AI
New Hampshire § 404-C:11 (State Contribution for Federally Reinsured Losses and Assessment of Insurers) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
1971, 488:1, eff. Aug. 31, 1971.
Nearby Sections
15
§ 404-C:1
Establishment of Plans§ 404-C:10
Transition§ 404-C:12
Recoupment§ 404-C:13
Voluntary Risk Sharing Plans§ 404-C:15
§ 404-C:15§ 404-C:16
§ 404-C:16§ 404-C:17
Closure of the NHMMJUA§ 404-C:3
Persons Required to Participate§ 404-C:4
Voluntary Participation§ 404-C:5
Classifications and Rates§ 404-C:5-a
Workers' Compensation Assigned Risk Plan§ 404-C:6
Basis of Participation