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RSA 5-B:6 · Declaration of Status; Tax Exemption; Liability

Title
I: THE STATE AND ITS GOVERNMENT
Chapter
5-B · POOLED RISK MANAGEMENT PROGRAMS
Status
current
Official source linked
Yes
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5-B:6 Declaration of Status; Tax Exemption; Liability. –

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I.

Any pooled risk management program meeting the standards required under this chapter is not an insurance company, reciprocal insurer, or insurer under the laws of this state, and administration of any activities of the plan shall not constitute doing an insurance business for purposes of regulation or taxation.

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II.

Any such program operating under this chapter, whether or not a body corporate, may sue or be sued; make contracts; hold and dispose of real property; and borrow money, contract debts, and pledge assets in its name.

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III.

Participation by a political subdivision in a pooled risk management program formed and affirmed under this chapter shall not subject any such political subdivision to any liability to any third party for the acts or omissions of the pooled risk management program or any other political subdivision participating in the program. Source. 1987, 329:1, eff. July 24, 1987.

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Source note

Source. 1987, 329:1, eff. July 24, 1987.

Source history

  • 1987, 329:1, eff. July 24, 1987

Related materials

Bill relationships

  • 2026 HB1064 reference · effective 2027-01-01

    t, school administrative unit or other district, to procure the policies of insurance described in RSA 412 or participate in pooled risk management, or self-insurance, pursuant to RSA 5-B. In any action against the state or any municipal subdivision thereof to enforce liability on account of a risk so insured against, the insuring company or state or municipal subdivision thereof shall not be allowed to

  • 2026 HB1064-FN reference · effective 2027-01-01

    t, school administrative unit or other district, to procure the policies of insurance described in RSA 412 or participate in pooled risk management, or self-insurance, pursuant to RSA 5-B. In any action against the state or any municipal subdivision thereof to enforce liability on account of a risk so insured against, the insuring company or state or municipal subdivision thereof shall not be allowed to

  • 2026 HB1323 reference · effective 2027-01-01

    or fully insured and self-funded health plans. The assessment base would include covered lives in the state employee health plan, as well as pooled risk management programs under RSA 5-b. The funds provided for this purpose would be deposited in a dedicated fund administered by the insurance commissioner. - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -

  • 2026 HB1323-FN reference · effective 2027-01-01

    or fully insured and self-funded health plans. The assessment base would include covered lives in the state employee health plan, as well as pooled risk management programs under RSA 5-b. The funds provided for this purpose would be deposited in a dedicated fund administered by the insurance commissioner. - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -

  • 2026 HB1491 amend · effective 2029-07-01

    more political subdivisions for the purpose of jointly covering risk that is not organized and operated as an assessable risk pool regulated in accordance with the requirements of RSA 5-B. XII. "RBC instructions" means the RBC report including risk-based capital instructions adopted by the NAIC, as such RBC instructions may be amended by the NAIC from time to time in accordance with the procedures adop

  • 2026 SB409 reference · effective 2027-01-01

    t, school administrative unit or other district, to procure the policies of insurance described in RSA 412 or participate in pooled risk management, or self-insurance, pursuant to RSA 5-B. In any action against the state or any municipal subdivision thereof to enforce liability on account of a risk so insured against, the insuring company or state or municipal subdivision thereof shall not be allowed to

  • 2026 SB409-FN reference · effective 2027-01-01

    t, school administrative unit or other district, to procure the policies of insurance described in RSA 412 or participate in pooled risk management, or self-insurance, pursuant to RSA 5-B. In any action against the state or any municipal subdivision thereof to enforce liability on account of a risk so insured against, the insuring company or state or municipal subdivision thereof shall not be allowed to

  • 2026 SB498 reference

    or fully insured and self-funded health plans. The assessment base would include covered lives in the state employee health plan, as well as pooled risk management programs under RSA 5-b. The funds provided for this purpose would be deposited in a dedicated fund administered by the insurance commissioner. - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -

  • 2026 SB498-FN reference

    or fully insured and self-funded health plans. The assessment base would include covered lives in the state employee health plan, as well as pooled risk management programs under RSA 5-b. The funds provided for this purpose would be deposited in a dedicated fund administered by the insurance commissioner. - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -

  • 2026 SB614 reference · effective 2027-07-01

    horized in its state of domicile; or III. Comprises only units of local government or is a group that comprises local governments joined by an interlocal agreement authorized by RSA 5-B. 405-C:5 Agreement to Form; Authorized Activities. I. A covered entity may join or form a self-insured risk coverage arrangement together with one or more other covered entities and may jointly purchase insuranc

  • 2026 SB614-FN reference · effective 2027-07-01

    horized in its state of domicile; or III. Comprises only units of local government or is a group that comprises local governments joined by an interlocal agreement authorized by RSA 5-B. 405-C:5 Agreement to Form; Authorized Activities. I. A covered entity may join or form a self-insured risk coverage arrangement together with one or more other covered entities and may jointly purchase insuranc

  • 2026 SB661 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

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