Section 411:15 – to 411:19 Repealed by 1978, 11:7, eff. July 1, 1978.
411:15 to 411:19 Repealed by 1978, 11:7, eff. July 1, 1978. –
Section 411:20 – to 411:27 Repealed by 1969, 272:3, eff. June 23, 1969.
411:20 to 411:27 Repealed by 1969, 272:3, eff. June 23, 1969. –
Section 411:28 – Acting Without Certificate.
411:28 Acting Without Certificate. – Any such company, doing or attempting to do life insurance business without a certificate as provided for in this chapter, shall forfeit $ 100 for every day it continues to write new business in this state without such certificate. Source. 1913, 42:14. PL 278:29. RL 328:27.
Section 411:29 – Suits for Penalties.
411:29 Suits for Penalties. – Suits to recover any of the penalties provided for in this chapter shall be instituted in the name of the state on relation of the attorney general, under the direction and by the authority of the commissioner. Said penalties shall be paid to the state. Source. 1913, 42:15. PL […]
Section 411:30 – Transfer of Risks, Etc.
411:30 Transfer of Risks, Etc. – No such corporation shall transfer its risks, or any part thereof, to, or reinsure its risks, or any part thereof, except reinsurance effected in the ordinary course of business, in any insurance corporation, association or society which is not at the time of such transfer or reinsurance authorized […]
Section 411:31 – Change of Payee, Etc.
411:31 Change of Payee, Etc. – The insured in any such corporation shall have the right at any time, with the consent of such corporation, to make a change in his payee or beneficiary without requiring the consent of such payee or beneficiary; provided, that such policy has not been assigned as security for […]
Section 411:32 – Negotiation of Insurance.
411:32 Negotiation of Insurance. – No insurance shall be negotiated in this state by or on behalf of any such company except by agents or brokers who shall be qualified, appointed and licensed in accordance with the law. Source. 1913, 42:22. 1917, 20:4. PL 278:33. RL 328:31.
Section 411:33 – Application of Chapter.
411:33 Application of Chapter. – Nothing in this chapter shall affect life insurance companies, associations or societies or accident insurance companies doing business on the assessment plan. Source. 1913, 42:21. PL 278:34. RL 328:32.
Section 411:8 – Security Deposit.
411:8 Security Deposit. – The commissioner shall require a domestic insurance company to make a deposit in trust in an amount necessary, in the discretion of the commissioner for the protection of the company’s policyholders, provided that the required deposit shall not exceed the greater of $1,000,000 or the amount of deposits required under […]
Section 411:9 – Repealed by 1987, 246:5, I, eff. May 18, 1987.
411:9 Repealed by 1987, 246:5, I, eff. May 18, 1987. –