New Hampshire Statutes

§ 420-A:18 — Investments

New Hampshire § 420-A:18
JurisdictionNew Hampshire
Title XXXVIIINSURANCE
Ch. 420-AHEALTH SERVICE CORPORATIONS

This text of New Hampshire § 420-A:18 (Investments) 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. § 420-A:18 (2026).

Text

No health service corporation shall invest its funds otherwise than as provided in RSA 411-A relating to the investments and holding of real estate by domestic life insurance companies; provided that not exceeding 10 percent of a health service corporation's total admitted assets may be invested in such investments as are prudent for a domestic life insurance company to make, and provided further that, notwithstanding RSA 411-A:12, no such health service corporation may acquire and hold directly or indirectly through its subsidiaries or affiliates more than 10 percent of the outstanding voting stock of any life insurance company formed under the laws of this or another state or any corporation owning or holding the stock of such life insurance company.

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Legislative History

1997, 190:1, eff. Jan. 1, 1998.

Nearby Sections

15
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Bluebook (online)
New Hampshire § 420-A:18, Counsel Stack Legal Research, https://law.counselstack.com/statute/nh/420-A/420-A%3A18.