RSA 404-D:5 Definitions.

As used in this chapter:
I. "Account" means any of the 3 accounts created under RSA 404-D:6.
II. "Association" means the New Hampshire life and health insurance guaranty association created under RSA 404-D:6.
III. "Commissioner" means the commissioner of insurance.
IV. "Contractual obligation" means any obligation under covered policies.
V. "Covered policy" means any policy or contract within the scope of RSA 404-D:3.
VI. "Impaired insurer" means:
(a) An insurer which after the effective date of this chapter, is declared insolvent and placed under a final order of liquidation, rehabilitation, or conservation by a court of competent jurisdiction, or
(b) An insurer deemed by the commissioner after the effective date of this chapter to be