New Hampshire § 404-H:6 Creation of the Association

New Hampshire Statutes

§ 404-H:6 — Creation of the Association

New Hampshire § 404-H:6

Title XXXVIIINSURANCE

Ch. 404-HNEW HAMPSHIRE INSURANCE GUARANTY ASSOCIATION ACT OF 2004

This text of New Hampshire § 404-H:6 (Creation of the Association) 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. § 404-H:6 (2026).

Text

There is created a nonprofit unincorporated legal entity to be known as the New Hampshire Insurance Guaranty Association, that shall be the same association created under RSA 404-B:6. All insurers defined as member insurers in RSA 404-H:5, XI shall be and remain members of the association as a condition of their authority to transact insurance in this state. The association shall perform its functions under a plan of operation established and approved under RSA 404-H:9 and shall exercise its powers through a board of directors established under RSA 404-H:7. For purposes of administration and assessment, the association shall be divided into 3 separate accounts:

I.The workers' compensation insurance account;

II.The automobile insurance account; and

III.The account of all other insurance

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There is created a nonprofit unincorporated legal entity to be known as the New Hampshire Insurance Guaranty Association, that shall be the same association created under RSA 404-B:6. All insurers defined as member insurers in RSA 404-H:5, XI shall be and remain members of the association as a condition of their authority to transact insurance in this state. The association shall perform its functions under a plan of operation established and approved under RSA 404-H:9 and shall exercise its powers through a board of directors established under RSA 404-H:7. For purposes of administration and assessment, the association shall be divided into 3 separate accounts:
I. The workers' compensation insurance account;
II. The automobile insurance account; and
III. The account of all other insurance to which this chapter applies.