New Hampshire § 405-B:2 Definitions

New Hampshire Statutes

§ 405-B:2 — Definitions

New Hampshire § 405-B:2

Title XXXVIIINSURANCE

Ch. 405-BNONADMITTED INSURANCE, MULTI-STATE RISKS PREMIUM COLLECTION AND DISBURSEMENT

This text of New Hampshire § 405-B:2 (Definitions) 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. § 405-B:2 (2026).

Text

In this chapter: I. "Commissioner" means the insurance commissioner. II. "Home state" means, except as provided in subparagraph (b), with respect to an insured:

(a)The state in which an insured maintains its principal place of business or, in the case of an individual, the individual's principal residence; or

(b)If 100 percent of the insured risk is located out of the state referred to in subparagraph (a), the state to which the greatest percentage of the insured's taxable premium for that insurance contract is allocated. III. "Multi-state risk" means a risk covered by a nonadmitted insurer with insured exposures in more than one state.

Free access — add to your briefcase to read the full text and ask questions with AI

In this chapter:
I. "Commissioner" means the insurance commissioner.
II. "Home state" means, except as provided in subparagraph (b), with respect to an insured:
(a) The state in which an insured maintains its principal place of business or, in the case of an individual, the individual's principal residence; or
(b) If 100 percent of the insured risk is located out of the state referred to in subparagraph (a), the state to which the greatest percentage of the insured's taxable premium for that insurance contract is allocated.
III. "Multi-state risk" means a risk covered by a nonadmitted insurer with insured exposures in more than one state.