Section 411-A:36-a – Valuation of Securities.
411-A:36-a Valuation of Securities. – Securities held in accordance with the provisions of this chapter shall be valued in accordance with the published valuation standards of the Securities Valuation Office of the National Association of Insurance Commissioners. Source. 1992, 288:21, eff. Jan. 1, 1993.
Section 411-A:37 – Rules and Regulations.
411-A:37 Rules and Regulations. – The commissioner may issue such rules, regulations and orders as may be necessary to carry out the purpose and provisions of this chapter. Source. 1978, 11:1, eff. July 1, 1978.
Section 411-A:33 – Time Limit for Disposal of Other Ineligible Property and Securities.
411-A:33 Time Limit for Disposal of Other Ineligible Property and Securities. – Any personal property or securities lawfully acquired by an insurer, which it could not otherwise have invested in or loaned its funds upon at the time of such acquisition, shall be disposed of within 5 years from date of acquisition, unless within […]
Section 411-A:34 – Failure to Dispose of Real Estate or Securities; Effect; Penalty.
411-A:34 Failure to Dispose of Real Estate or Securities; Effect; Penalty. – I. Any real estate, personal property, or securities lawfully acquired and held by an insurer after expiration of the period for disposal thereof or any extension of such period granted by the commissioner as provided in RSA 411-A:32 and 411-A:33 shall not […]
Section 411-A:35 – Prohibited Investment and Investments Underwriting.
411-A:35 Prohibited Investment and Investments Underwriting. – I. In addition to investments excluded pursuant to other provisions of this chapter, an insurer shall not invest in or lend its funds upon the security of: (a) Issued shares of its own capital stock, except: (1) For the purpose of mutualization; or (2) For retirement; or […]
Section 411-A:36 – Investments of Foreign and Alien Life Insurance Companies.
411-A:36 Investments of Foreign and Alien Life Insurance Companies. – The investment portfolio of foreign or alien life insurance companies shall be as permitted by the laws of their domicile if of a quality substantially equal to that required under this chapter for similar funds of like domestic insurers. Source. 1978, 11:1, eff. July […]
Section 411-A:23 – Real Estate.
411-A:23 Real Estate. – I. Except as provided in RSA 411-A:25, an insurer may invest in real estate only if used for the purposes or acquired in the manner, and within the limits, as follows: (a) The building in which it has its principal office, the land upon which the building stands, and such […]
Section 411-A:24 – Housing Developments.
411-A:24 Housing Developments. – To the extent and upon such conditions as may be authorized by the commissioner, an insurer may invest in stock and evidences of indebtedness of any housing company or redevelopment company organized under the private housing finance law of this or any other state, or of any corporation organized for […]
Section 411-A:25 – Leased Property.
411-A:25 Leased Property. – An insurer may invest in personal or real property owned either by the insurer or by a trustee, while under lease to a lessee. Source. 1978, 11:1, eff. July 1, 1978.
Section 411-A:26 – Data Processing Systems.
411-A:26 Data Processing Systems. – An insurer may purchase and hold electronic computers and mechanical machines and equipment constituting a data processing and accounting system, provided that the cost thereof shall be amortized in not more than 10 years, and provided further that the unamortized cost thereof shall not at any time exceed one […]