RSA 402-C:55 Ancillary Formal Proceedings.
Title: XXXVII - INSURANCE
Chapter: 402-C - INSURERS REHABILITATION AND LIQUIDATION
I.
Appointment of Ancillary Receiver in This State. If a domiciliary liquidator has been appointed for an insurer not domiciled in this state, the commissioner shall file a petition with the superior court for Merrimack county requesting appointment as ancillary receiver in this state:
(a) If he finds that there are sufficient assets of the insurer located in this state to justify the appointment of an ancillary receiver;
(b) If 10 or more persons resident in this state having claims against the insurer file a petition with the commissioner requesting appointment of an ancillary receiver; or
(c) If the protection of creditors or policyholders in this state so requires.
II.
Terms of Order. The court may issue an order appointing an ancillary rece