SB661: relative to pooled risk management programs.

Related law links

RSA references from bill data

• 15-A · reference

  rs, or employees. Board members shall not receive compensation but may be reimbursed for mileage and other reasonable expenses. Board members shall comply with the provisions of RSA 15-A. ? Board members shall have a fiduciary responsibility to the member political subdivisions, which includes the duties of good faith and loyalty, avoiding conflicts of interest, and managing the pooled risk management p

• 281-A · reference

  d workers' compensation and unemployment compensation programs, which are regulated by and which report to the department of labor and the department of employment security, under RSA 281-A and RSA 282-A, respectively, shall be exempt from the requirements of this section as long as their operations and reports conform to the laws and rules adopted by those departments. 5-B:4-a Authority of the Secreta

• 282-A · reference

  pensation and unemployment compensation programs, which are regulated by and which report to the department of labor and the department of employment security, under RSA 281-A and RSA 282-A, respectively, shall be exempt from the requirements of this section as long as their operations and reports conform to the laws and rules adopted by those departments. 5-B:4-a Authority of the Secretary of State; I

• 383-A:2-201 · reference

  e consumer protection and antitrust bureau of the office of the attorney general designee. XI. "Member equity stabilization fund" means funds deposited in a bank as defined in RSA 383-A:2-201(a)(3), pursuant to the criteria set forth in RSA 6:8, for bank deposits on behalf of each member, such as the deposits of excess contingency reserves. This fund’s purpose is to provide additional funds to the contingen

• 421-B:6-613 · reference

  he department may make requests for additional information necessary to exercise regulatory or enforcement authority pursuant to, but not limited to, the hearings procedures under RSA 421-B:6-613 over any pooled risk management program formed or affirmed in accordance with this chapter. Pooled workers' compensation and unemployment compensation programs, which are regulated by and which report to the department

• 53-A · add

  aring, and pooling risks; acquiring insurance, excess loss insurance, or reinsurance; and processing, paying, and defending claims against the members of such association. II. RSA 53-A shall not apply to an association formed or affirmed under this chapter, nor to the participation in such an association by a political subdivision. III. Pooled risk management programs established for the benefit o

• 541 · reference

  gorgement shall be in addition to any other penalty provided for under this chapter. VIII. Decisions of the secretary of state may be appealed to the supreme court pursuant to RSA 541. 5-B:4-b ? Insolvency or Financial Impairment. I. If at the end of any fiscal month, the contingency reserve of a pooled risk management program is at or below 2/3 of the required minimum, the pooled risk managemen

• 5-B · repeal

  N ACT relative to pooled risk management programs. Be it Enacted by the Senate and House of Representatives in General Court convened: 1 Pooled Risk Management Programs. RSA 5-B is repealed and reenacted to read as follows: CHAPTER 5-B POOLED RISK MANAGEMENT PROGRAMS 5-B:1 Purpose. The purpose of this chapter is to provide for the establishment of pooled risk management programs and to a

• 5-B:2 · add

  5-B:4 Informational Filing Required; Fee. Pooled risk management programs established for the benefit of political subdivisions shall make an informational filing, as defined in RSA 5-B:2, II, with the department and shall pay an annual filing fee of $250. The department may make requests for additional information necessary to exercise regulatory or enforcement authority pursuant to, but not limited to

• 5-B:4-A · reference

  The reasonableness of an expense for administration under this chapter may be disputed in an examination or administrative hearing commenced by the secretary of state pursuant to RSA 5-B:4-a. In the first instance, the advisory committee shall review questions regarding the reasonableness of expenses under this chapter and provide the secretary of state with their recommendations. If an agreement on the re

• 5-B:4-B · reference

  gency reserve falls below 1/3 of the minimum set forth in RSA 5-B:5, I(f), which should greatly reduce or eliminate the need for an order requiring abatement of the deficiency per RSA 5-B:4-b. However, nothing in this chapter shall prohibit any pooled risk management program from allowing any member to withdraw any amount from the member equity stabilization fund in excess of the required minimum set forth i

• 5-B:5 · reference

  management program; (b) A list of current officers, their titles, and addresses; (c) A brief description of the coverage provided; (d) The annual audit required under RSA 5-B:5, I(d); (e) The pooled risk management program bylaws; and (f) The annual actuarial evaluation required under RSA 5-B:5, I(h). III. "Political subdivision" means any city, town, county, school district, charter

• 6:8 · reference

  he attorney general designee. XI. "Member equity stabilization fund" means funds deposited in a bank as defined in RSA 383-A:2-201(a)(3), pursuant to the criteria set forth in RSA 6:8, for bank deposits on behalf of each member, such as the deposits of excess contingency reserves. This fund’s purpose is to provide additional funds to the contingency reserve fund if the contingency reserve falls belo

• 91-A · add

  med under this chapter pertaining to claims analysis or claims management shall be privileged and confidential and not subject to disclosure to any third party or disclosure under RSA 91-A. 5-B:8 Dissolution of a Pooled Risk Management Program. I. A voluntary or involuntary dissolution of a pooled risk management program established under this chapter shall occur in accordance with the dissolution

RSAs mentioned by this document

• RSA 15-A · FINANCIAL DISCLOSURE
• RSA 5-B · POOLED RISK MANAGEMENT PROGRAMS
• RSA 6 · STATE TREASURER AND STATE ACCOUNTS
• RSA 53-A · AGREEMENTS BETWEEN GOVERNMENT UNITS
• RSA 91-A · ACCESS TO GOVERNMENTAL RECORDS AND MEETINGS
• RSA 281-A · WORKERS' COMPENSATION
• RSA 282-A · UNEMPLOYMENT COMPENSATION
• RSA 383-A · BANK AND CREDIT UNION REGULATORY AND ENFORCEMENT
• RSA 421-B · UNIFORM SECURITIES ACT
• RSA 541 · REHEARINGS AND APPEALS IN CERTAIN CASES
• RSA 383-A:2-201 · Definitions
• RSA 421-B:6-613 · Hearing Procedures
• RSA 5-B:2 · Definitions
• RSA 5-B:5 · Standards of Organization and Operation
• RSA 6:8 · Investment of Funds