RSA 403-C:2 Acquisitions and Dispositions of Assets.

Title: XXXVII - INSURANCE Chapter: 403-C - DISCLOSURE OF MATERIAL TRANSACTIONS

I. No acquisitions or dispositions of assets need be reported pursuant to RSA 403-C:1 if the acquisitions or dispositions are not material. For purposes of this chapter, a material acquisition (or the aggregate of any series of related acquisitions during any 30-day period) or disposition (or the aggregate of any series of related dispositions during any 30-day period) is one that is nonrecurring and not in the ordinary course of business and involves more than 5 percent of the reporting insurer's total admitted assets as reported in its most recent statutory statement filed with the insurance department of the insurer's state of domicile.
II. (a) Asset acquisitions subject to this chapter include every purchase, lease, exchange, merger, consolidation, succession, or other acq

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