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RSA 405:4 · Mutual Insurance Company
405:4 Mutual Insurance Company. – No such mutual insurance company shall be licensed to do business in the state unless it shall possess $800,000 of surplus to policyholders invested as provided in RSA 405:2, nor unless its assets equal its outstanding liabilities, including reinsurance, to be estimated as in the case of joint stock insurance companies, and including also the amount of its guaranteed capital. Source. 1870, 1:1. 1875, 38:1. 1876, 11:1. GL 174:1. PS 169:3. PL 275:4. RL 325:4. RSA 405:4. 1969, 283:6, eff. June 25, 1969.
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Source. 1870, 1:1. 1875, 38:1. 1876, 11:1. GL 174:1. PS 169:3. PL 275:4. RL 325:4. RSA 405:4. 1969, 283:6, eff. June 25, 1969.
Source history
- 1870, 1:1
- 1875, 38:1
- 1876, 11:1. GL 174:1. PS 169:3. PL 275:4. RL 325:4. RSA 405:4
- 1969, 283:6, eff. June 25, 1969
Related materials
Opinions and discipline decisions mentioning this RSA
- 2005-740, IN THE MATTER OF LIQUIDATION OF THE HOME INSURANCE COMPANY Supreme Court opinion · December 5, 2006
- 2004-518, APPEAL OF ALPHADIRECTIONS, INC. Supreme Court opinion · July 29, 2005