New Hampshire Revised Statutes 403-A:1 – Definitions
Current as of: 2023 | Check for updates
|
Other versions
As used in this chapter, the term:
I. “Assets” includes all the property and rights of every kind of a domestic insurance company, or association.
II. “Total assets” means the dollar amount of the company’s total assets as reported in its most recent convention statement.
III. “Disposal” includes any sale, transfer, exchange, assignment, alienation or other conveyance of an interest in assets, but does not include a ceding of policies pursuant to a reinsurance contract.
I. “Assets” includes all the property and rights of every kind of a domestic insurance company, or association.
Terms Used In New Hampshire Revised Statutes 403-A:1
- Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.
- Assets: includes all the property and rights of every kind of a domestic insurance company, or association. See New Hampshire Revised Statutes 403-A:1
- Contract: A legal written agreement that becomes binding when signed.
II. “Total assets” means the dollar amount of the company’s total assets as reported in its most recent convention statement.
III. “Disposal” includes any sale, transfer, exchange, assignment, alienation or other conveyance of an interest in assets, but does not include a ceding of policies pursuant to a reinsurance contract.