RSA 402:13: Stock Companies.
Where this section sits in the code
- Title XXXVII: INSURANCE
- Chapter 402: INSURANCE COMPANIES AND AGENTS
- Licenses to Local Companies
No such license shall be issued to a stock company unless in addition to its paid-up capital it shall have a surplus over all liabilities, consisting of money or other lawful assets, to an amount not less than 25 percent of its capital stock.
Collected 2026-09-05T15:54:48Z. Source file · JSON