New Hampshire Statutes

§ 411-A:31 — Conversion and Incidental Rights

New Hampshire § 411-A:31
JurisdictionNew Hampshire
Title XXXVIIINSURANCE
Ch. 411-AREGULATION OF INVESTMENTS OF LIFE INSURANCE COMPANIES

This text of New Hampshire § 411-A:31 (Conversion and Incidental Rights) 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:31 (2026).

Text

Nothing in this chapter shall be deemed to prohibit an insurer from making an investment otherwise authorized under this chapter, because the investment is convertible into other securities in which the insurer is not permitted to invest under this chapter, or because the insurer receives in connection with such investment stock warrants, whether or not detachable, stock options, stock, property interests or other assets of any kind. Anything so received by the insurer and in which the insurer is otherwise not authorized to invest shall be carried on its books at no value.

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Legislative History

1978, 11:1, eff. July 1, 1978.

Nearby Sections

15
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Bluebook (online)
New Hampshire § 411-A:31, Counsel Stack Legal Research, https://law.counselstack.com/statute/nh/411-A/411-A%3A31.