416-A:7 Powers. – Every title insurance company shall have the following powers: I. To do the business defined in RSA 416-A:2, II of this chapter. II. To own, manage, and maintain sets of abstract books and, subject to the provisions of this chapter, make, compile, and sell abstracts of title to real estate. III. […]
416-A:8 Prohibitions. – I. A title insurance company shall not: (a) Engage in the business of guaranteeing the payment of the principal or the interest of bonds, notes, or other obligations. (b) Transact, underwrite, or issue any kind of insurance other than title insurance. II. A title insurance company or a title insurance agent […]
416-A:8-a Compensation by Title Insurance Company. – Nothing in this chapter, or in any other provision of law governing the insurance industry, shall be construed to prohibit: I. Compensation by a title insurance company of an attorney who is licensed to practice for services actually rendered in connection with a real estate transaction, regardless […]
416-A:9 Unearned Premium Reserve. – In lieu of those reserves required for other insurance companies, every domestic title insurance company, and every foreign or alien title insurance company which under the state of domicile is not required to maintain a substantially equivalent unearned premium reserve shall, in addition to other reserves, establish and maintain […]
