New Hampshire Statutes

§ 471-C:7-a — Unclaimed Demutualization Proceeds

New Hampshire·Title XLVI LOST PROPERTY; STRAYS·Ch. 471-C CUSTODY AND ESCHEAT OF UNCLAIMED AND ABANDONED PROPERTY
Unclaimed property payable or distributable in the course of a demutualization, rehabilitation, or related reorganization of a mutual insurance company is presumed abandoned 2 years after the date of demutualization, unless the owner, during the 2 years following the date of demutualization, has communicated with the insurance company either in writing or through other communication which is evidenced by a contemporaneous record on file with the insurance company, concerning the demutualization proceeds.

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Legislative History

2003, 218:5, eff. Aug. 30, 2003.

Nearby Sections

15
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