New Hampshire § 408-D:17 Rulemaking

New Hampshire Statutes

§ 408-D:17 — Rulemaking

New Hampshire § 408-D:17

Title XXXVIIINSURANCE

Ch. 408-DLIFE SETTLEMENTS ACT

This text of New Hampshire § 408-D:17 (Rulemaking) 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. § 408-D:17 (2026).

Text

The commissioner shall have the authority to:

I.Adopt rules pursuant to RSA 541-A, implementing this chapter;

II.Establish standards for evaluating reasonableness of payments under life settlement contracts for persons who are terminally or chronically ill. This authority includes, but is not limited to, regulation of discount rates used to determine the amount paid in exchange for assignment, transfer, sale, devise, or bequest of a benefit under a life insurance policy insuring the life of a person that is chronically or terminally ill;

III.Establish appropriate licensing requirements, fees, and standards for continued licensure for life settlement providers and life settlement producers;

IV.Require a bond or other mechanism for financial accountability for life settlement providers a

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

The commissioner shall have the authority to:
I. Adopt rules pursuant to RSA 541-A, implementing this chapter;
II. Establish standards for evaluating reasonableness of payments under life settlement contracts for persons who are terminally or chronically ill. This authority includes, but is not limited to, regulation of discount rates used to determine the amount paid in exchange for assignment, transfer, sale, devise, or bequest of a benefit under a life insurance policy insuring the life of a person that is chronically or terminally ill;
III. Establish appropriate licensing requirements, fees, and standards for continued licensure for life settlement providers and life settlement producers;
IV. Require a bond or other mechanism for financial accountability for life settlement providers and life settlement producers; and
V. Adopt rules governing the relationship and responsibilities of both insurers and life settlement providers and life settlement producers during the viatication of a life insurance policy or certificate.