406-C:1 Purpose
406-C:2 Definitions
406-C:3 License for Insurance Sales
406-C:4 Prohibition on Underwriting
406-C:5 Licensure Requirement
406-C:6 Authorized Carriers
406-C:7 Separation of Activities
406-C:8 Disclosures
406-C:9 Confidential Customer Information
406-C:10 Prohibition on Tying of Banking and Insurance Products
406-C:11 Prohibition on Discrimination Against Non-Affiliated Agents
406-C:12 Prohibited Practices
406-C:13 Application of State and Federal Consumer Protection Provisions
406-C:14 Insurance Records
406-C:15 Examination Authority
406-C:16 Rulemaking Authority for Implementing Regulations
406-C:17 Enforcement
406-C:18 Penalties
406-C:19 Provisions Severable

Terms Used In New Hampshire Revised Statutes > Chapter 406-C - Sales of Insurance by Financial Institutions

  • Annuity: A periodic (usually annual) payment of a fixed sum of money for either the life of the recipient or for a fixed number of years. A series of payments under a contract from an insurance company, a trust company, or an individual. Annuity payments are made at regular intervals over a period of more than one full year.
  • Contract: A legal written agreement that becomes binding when signed.
  • 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.
  • Guarantor: A party who agrees to be responsible for the payment of another party's debts should that party default. Source: OCC
  • Lease: A contract transferring the use of property or occupancy of land, space, structures, or equipment in consideration of a payment (e.g., rent). Source: OCC
  • Mortgage: The written agreement pledging property to a creditor as collateral for a loan.
  • Obligation: An order placed, contract awarded, service received, or similar transaction during a given period that will require payments during the same or a future period.
  • person: may extend and be applied to bodies corporate and politic as well as to individuals. See New Hampshire Revised Statutes 21:9
  • 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