New Hampshire § 420-M:3 Jurisdiction of the Commissioner;  Penalties

New Hampshire Statutes

§ 420-M:3 — Jurisdiction of the Commissioner; Penalties

New Hampshire § 420-M:3

Title XXXVIIINSURANCE

Ch. 420-MPURCHASING ALLIANCES

This text of New Hampshire § 420-M:3 (Jurisdiction of the Commissioner; Penalties) 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-M:3 (2026).

Text

I.The commissioner shall regulate the establishment and conduct of purchasing alliances.

II.No person or entity, other than a qualified association trust, shall market, sell, offer, or arrange the sale of one or more health benefit plans to 2 or more employers or their eligible employees without first being licensed by the commissioner pursuant to this chapter.

III.A person or entity, not licensed by the commissioner as a purchasing alliance and engaged in the purchase, sale, marketing, or distribution of health insurance or health care benefit plans shall not hold itself out as a health insurance purchasing alliance, health insurance purchasing cooperative, or a health insurance purchasing association.

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I. The commissioner shall regulate the establishment and conduct of purchasing alliances.
II. No person or entity, other than a qualified association trust, shall market, sell, offer, or arrange the sale of one or more health benefit plans to 2 or more employers or their eligible employees without first being licensed by the commissioner pursuant to this chapter.
III. A person or entity, not licensed by the commissioner as a purchasing alliance and engaged in the purchase, sale, marketing, or distribution of health insurance or health care benefit plans shall not hold itself out as a health insurance purchasing alliance, health insurance purchasing cooperative, or a health insurance purchasing association.