New Hampshire Revised Statutes 415-C:3 – Obligor Registration
Current as of: 2023 | Check for updates
|
Other versions
I. No obligor shall offer, administer, sell, solicit, negotiate, or act under a consumer guaranty contract in this state unlessthe obligor registers with the commissioner on a form prescribed by the commissioner and pays the registration fee required by N.H. Rev. Stat. § 400-A:29, VIII-a(a).
II. An obligor’s registration shall include the following:
(a) A certified copy of the obligor’s charter and bylaws.
(b) A certificate giving a full statement, under oath of the obligor’s president and secretary, that the fiscal requirements stated in this chapter are met.
(c) Other information in relation to the obligor’s condition as may be required by the commissioner.
III. Every obligor registration made pursuant to this chapter shall expire on the next June 14 following such registration unless renewed prior to that date. Renewal shall be made by paying an annual renewal fee pursuant to N.H. Rev. Stat. § 400-A:29, VIII-a(b) and supplementing the original form for any material change to the registration.
IV. Admitted insurers and unadmitted surplus lines insurers that are approved under N.H. Rev. Stat. § 405:24 that register as obligors are exempt from paragraph II of this section and N.H. Rev. Stat. § 415-C:4.
II. An obligor’s registration shall include the following:
Terms Used In New Hampshire Revised Statutes 415-C:3
- Contract: A legal written agreement that becomes binding when signed.
- 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
- state: when applied to different parts of the United States, may extend to and include the District of Columbia and the several territories, so called; and the words "United States" shall include said district and territories. See New Hampshire Revised Statutes 21:4
(a) A certified copy of the obligor’s charter and bylaws.
(b) A certificate giving a full statement, under oath of the obligor’s president and secretary, that the fiscal requirements stated in this chapter are met.
(c) Other information in relation to the obligor’s condition as may be required by the commissioner.
III. Every obligor registration made pursuant to this chapter shall expire on the next June 14 following such registration unless renewed prior to that date. Renewal shall be made by paying an annual renewal fee pursuant to N.H. Rev. Stat. § 400-A:29, VIII-a(b) and supplementing the original form for any material change to the registration.
IV. Admitted insurers and unadmitted surplus lines insurers that are approved under N.H. Rev. Stat. § 405:24 that register as obligors are exempt from paragraph II of this section and N.H. Rev. Stat. § 415-C:4.