New Hampshire Statutes
§ 411-A:26 — Data Processing Systems
New Hampshire § 411-A:26
JurisdictionNew Hampshire
Title XXXVIIINSURANCE
Ch. 411-AREGULATION OF INVESTMENTS OF LIFE INSURANCE COMPANIES
This text of New Hampshire § 411-A:26 (Data Processing Systems) 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. § 411-A:26 (2026).
Text
An insurer may purchase and hold electronic computers and mechanical machines and equipment constituting a data processing and accounting system, provided that the cost thereof shall be amortized in not more than 10 years, and provided further that the unamortized cost thereof shall not at any time exceed one percent of the insurer's admitted assets without the approval of the commissioner.
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Legislative History
1978, 11:1, eff. July 1, 1978.
Nearby Sections
15
§ 411-A:1
Purpose and Construction of Chapter§ 411-A:10
Preferred or Guaranteed Stock§ 411-A:11
Common Stocks; Limited Partnerships§ 411-A:12
Insurance Stocks§ 411-A:13
Stock of Subsidiaries§ 411-A:14
Mutual Funds§ 411-A:15
Trustees' or Receivers' Obligations§ 411-A:16
Acceptances, Bills of Exchange§ 411-A:17
Equipment Trust Certificates§ 411-A:18
Bank Deposits§ 411-A:19
Savings and Share Accounts§ 411-A:2
Scope of Chapter§ 411-A:20
Hydrocarbon Production Payments§ 411-A:21
Real Estate Mortgages§ 411-A:22
Purchase Money MortgagesCite This Page — Counsel Stack
Bluebook (online)
New Hampshire § 411-A:26, Counsel Stack Legal Research, https://law.counselstack.com/statute/nh/411-A/411-A%3A26.