New Hampshire Revised Statutes 411-A:1 – Purpose and Construction of Chapter
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I. The purpose of this chapter is to protect the interest of insurers and the public, by providing standards for the investment of the assets of life insurance companies, which standards seek an appropriate balance of the following objectives: safety of principal, maximum appreciation and yield, stability of value, sufficient liquidity and reasonable diversification.
II. This chapter shall be liberally construed to achieve the objectives of paragraph I.
II. This chapter shall be liberally construed to achieve the objectives of paragraph I.
Terms Used In New Hampshire Revised Statutes 411-A:1
- Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.
- following: when used by way of reference to any section of these laws, shall mean the section next preceding or following that in which such reference is made, unless some other is expressly designated. See New Hampshire Revised Statutes 21:13