New Hampshire § 408:33 Deposit of Securities

New Hampshire Statutes

§ 408:33 — Deposit of Securities

New Hampshire § 408:33

Title XXXVIIINSURANCE

Ch. 408LIFE INSURANCE

SubdivisionVariable Products

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Bluebook

N.H. Rev. Stat. Ann. § 408:33 (2026).

Text

Any company organized under the laws of this state, which has been authorized by the commissioner to issue variable products, shall deposit all securities representing the assets of a segregated fund for a variable product account, and all uninvested cash of such a fund, with a custodian which shall be a bank or trust company, either within or without the state of New Hampshire, approved by the commissioner.

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Any company organized under the laws of this state, which has been authorized by the commissioner to issue variable products, shall deposit all securities representing the assets of a segregated fund for a variable product account, and all uninvested cash of such a fund, with a custodian which shall be a bank or trust company, either within or without the state of New Hampshire, approved by the commissioner.