Section 401:13 – Officers.
401:13 Officers. – I. The officers of an insurer who is subject to the provisions of this chapter shall consist of a president, a clerk or secretary who shall be the agent for service of process, and a treasurer, each of whom shall be elected by the board of directors at a time and […]
Section 401:14 – Restated Articles of Incorporation.
401:14 Restated Articles of Incorporation. – A copy of all restated articles of incorporation to the extent they are adopted shall be filed with the insurance department. Source. 1983, 15:10, eff. April 6, 1983.
Section 401:15 – Name.
401:15 Name. – Corporations subject to regulation by the insurance commissioner shall not be subject to the requirements of RSA 293-A:4.01(a)(1) pertaining to the designation of the corporate status and the corporate name but shall be subject to all other provisions of RSA 293-A:4.01, except that any filings, including trade names, shall be subject […]
Section 401:16 – Name Reservation.
401:16 Name Reservation. – I. The reservation of the name of an insurer, including trade names, shall be made by filing an application, executed by the applicant with the insurance commissioner to reserve a specified name, and by paying a fee as set by RSA 400-A:29. If the commissioner finds that the name is […]
Section 401:17 – Perpetual Existence; Presumption.
401:17 Perpetual Existence; Presumption. – Unless otherwise expressly approved by the commissioner, all insurance companies or other insurers subject to this chapter shall have perpetual existence. Source. 1983, 15:10, eff. April 6, 1983.
Section 401:18 – Maximum Risk Retention.
401:18 Maximum Risk Retention. – The maximum net amount of risk which may be retained by a property and liability company for an individual risk shall be no greater than 10 percent of the company’s capital and surplus. Source. 1990, 92:3, eff. June 9, 1990.
Section 401:7 – Amendment of Charter or Articles of Incorporation.
401:7 Amendment of Charter or Articles of Incorporation. – Any insurance company organized under the laws of the state, whether by special charter or under the general law, shall be entitled to amend its charter or articles of incorporation, so as to acquire the authority to do any or all kinds of insurance business […]
Section 401:8 – Certification of Amendments.
401:8 Certification of Amendments. – All proposed amendments, duly certified to by the president and secretary of such company, shall be submitted to the commissioner for examination and endorsement of approval in the same manner as provided by this chapter as to the original articles of agreement. Copies of all documents required by this […]
Section 401:9 – Record.
401:9 Record. – Such articles of amendment shall thereupon be recorded as provided in RSA 401:6, and shall then be deemed to be part of the charter or articles of the company. Source. 1917, 80:7. PL 272:9. RL 322:9.
Section 401:10 – Applicability of General Corporation Law.
401:10 Applicability of General Corporation Law. – Insurance corporations organized under the laws of this state, whether by special charter or by the general law, shall be subject to only those provisions of the laws relating to corporations in general that are not inconsistent with the provisions of Title XXXVII, the insurance code. Source. […]