New Hampshire Revised Statutes 417:2 – Definitions
Current as of: 2023 | Check for updates
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I. The term “person” shall mean any individual, corporation, association, partnership, reciprocal exchange, inter-insurer, Lloyd’s insurers, fraternal benefit society and any other legal entity, engaged in the business of insurance, including agents, brokers, and adjusters.
II. “Commissioner” shall mean the commissioner of insurance of this state.
III. “Creditor or lender” shall include their successors or assigns.
II. “Commissioner” shall mean the commissioner of insurance of this state.
Terms Used In New Hampshire Revised Statutes 417:2
- Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
- Partnership: A voluntary contract between two or more persons to pool some or all of their assets into a business, with the agreement that there will be a proportional sharing of profits and losses.
- 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
III. “Creditor or lender” shall include their successors or assigns.