RSA 404-D:12 Prevention of Impairments.
Title: XXXVII - INSURANCE
Chapter: 404-D - NEW HAMPSHIRE LIFE AND HEALTH INSURANCE GUARANTY ASSOCIATION
To aid in the detection and prevention of insurer impairments, the commissioner shall be notified when:
I. The board of directors shall, upon majority vote, notify the commissioner of any information indicating any member insurer may be unable or potentially unable to fulfill its contractual obligations.
II. The board of directors may, upon majority vote, request that the commissioner order an examination of any member insurer which the board in good faith believes may be unable or potentially unable to fulfill its contractual obligations. The commissioner may conduct such examination. The examination may be conducted as a national association of insurance commissioners examination or may be conducted by such persons as the commissioner designates. The cost of such exami