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RSA 402:1 · Members' Liability

Title: XXXVII: INSURANCE
Chapter: 402 · INSURANCE COMPANIES AND AGENTS
Status: current
Official source linked: Yes

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402:1 Members' Liability. – Members of mutual insurance companies shall not be individually liable to pay any debts of their respective companies, beyond their liability to assessments for losses occurring therein, nor to such assessments beyond the amount of their deposit notes. Source. 1847, 501:1. CS 154:2. GS 158:1. GL 173:1. PS 168:1. PL 273:1. RL 323:1.

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Source note

Source. 1847, 501:1. CS 154:2. GS 158:1. GL 173:1. PS 168:1. PL 273:1. RL 323:1.

Source history

1847, 501:1. CS 154:2. GS 158:1. GL 173:1. PS 168:1. PL 273:1. RL 323:1

Related materials

Opinions and discipline decisions mentioning this RSA

2007-179, GRAND CHINA, INC. & a. v. UNITED NATIONAL INSURANCE COMPANY Supreme Court opinion · November 9, 2007