New Hampshire § 411:14 Collection of Interest

New Hampshire Statutes

§ 411:14 — Collection of Interest

New Hampshire § 411:14

Title XXXVIIINSURANCE

Ch. 411DOMESTIC LIFE INSURANCE COMPANIES

This text of New Hampshire § 411:14 (Collection of Interest) 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. § 411:14 (2026).

Text

The commissioner shall permit companies, having on deposit with him stocks or bonds as security, to collect the dividends or interest accruing on such deposits, delivering to their authorized agents, respectively, the coupons or other evidences of interest as the same become due; but upon default by any company to deposit additional security as called for by the commissioner, or pending any proceedings to close up or enjoin it, the commissioner shall collect the dividends and interest as they become due and add the same to the securities in his hands belonging to such company.

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The commissioner shall permit companies, having on deposit with him stocks or bonds as security, to collect the dividends or interest accruing on such deposits, delivering to their authorized agents, respectively, the coupons or other evidences of interest as the same become due; but upon default by any company to deposit additional security as called for by the commissioner, or pending any proceedings to close up or enjoin it, the commissioner shall collect the dividends and interest as they become due and add the same to the securities in his hands belonging to such company.