New Hampshire Revised Statutes 21-I:30-c – Reserve Fund
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Terms Used In New Hampshire Revised Statutes 21-I:30-c
- state: when applied to different parts of the United States, may extend to and include the District of Columbia and the several territories, so called; and the words "United States" shall include said district and territories. See New Hampshire Revised Statutes 21:4
In the event that the medical and surgical benefits under N.H. Rev. Stat. § 21-I:30 are provided using a self-funded alternative, a reserve fund shall be established to protect the state from unexpected losses and self-insured losses and related expenses incurred in the provision of such a plan. Such reserve fund shall be administered by the commissioner of administrative services and shall be nonlapsing.