{"data":{"id":"us-nh/rsa-402-14","jurisdiction":"us-nh","citation":"RSA 402:14","heading":"Mutual Companies.","body":"No such license shall be issued to a mutual insurance company which charges a full cash premium, unless it has applications for insurance aggregating not less than $500,000 in not less than 200 separate risks, upon which it shall have received in cash at least one premium for a term not less than one year, amounting in the aggregate to at least $10,000; provided, that this requirement shall not apply to a mutual insurance company having a fully paid up guaranty capital of not less than $500,000, nor to mutual life insurance companies, nor to mutual employers' liability insurance companies.","path":["Title XXXVII: INSURANCE","Chapter 402: INSURANCE COMPANIES AND AGENTS","Licenses to Local Companies"],"source_url":"https://gc.nh.gov/rsa/html/XXXVII/402/402-14.htm","current_through":"2025 regular legislative session, or December 2025","vintage":"","retrieved_at":"2026-09-05T15:54:48Z","sha256":"3e3a39e7b6c4407bb7e83f200d6c610f9a85b799def5c7b4788f32c451822fc9","source_id":"us-nh","stale":false,"prev":"us-nh/rsa-402-13","next":"us-nh/rsa-402-14-a"},"notice":"GroundRules: Original legal text. Not legal advice."}
