New Hampshire Statutes
§ 416:5 — Reinsurance
New Hampshire § 416:5
JurisdictionNew Hampshire
Title XXXVIIINSURANCE
Ch. 416SURETY COMPANIES
SubdivisionBonds and Funds of Companies
This text of New Hampshire § 416:5 (Reinsurance) 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. § 416:5 (2026).
Text
No surety company, whether organized under the laws of this or any other state or territory, shall assume any liability as surety on any bond which shall in amount exceed 10 percent of its net assets, without reinsuring in some surety company authorized to do business in this state the amount by which any liability may exceed said 10 percent.
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Legislative History
1913, 53:1. PL 282:6. RL 332:6.
Nearby Sections
7
§ 416:1
Determination of Solvency§ 416:2
Bonds, Approval§ 416:3
Expense of Bond§ 416:4
Estoppel of Surety§ 416:5
Reinsurance§ 416:6
Investments§ 416:7
Conditions of EntryCite This Page — Counsel Stack
Bluebook (online)
New Hampshire § 416:5, Counsel Stack Legal Research, https://law.counselstack.com/statute/nh/416/416%3A5.