™Your Policy Risk Impact Agent
116 chapters · 1,704 sections in this title.
RSA 416:1 Determination of Solvency
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Fifty percent of the amount received on all outstanding contracts shall be treated as a liability by the insurance commissioner in determining the question of the solvency of any surety company.
RSA 416:2 Bonds, Approval
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The judge, head of department, or other officer authorized to approve the bond of any person required by law to give a bond, may accept as a surety upon the bond any such company which has been licensed to do business in this state, and, if satisfied with the financial ability of…
RSA 416:3 Expense of Bond
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A court or officer, whose duty it is to pass upon the account of any person required by law to give a bond, may, whenever the person has procured any such company as surety upon his bond, allow a reasonable sum for the expense of procuring such surety in the settlement of his acc…
RSA 416:4 Estoppel of Surety
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Any company which shall execute a bond as surety under the provisions of this chapter shall be estopped to deny its corporate power to execute the instrument or to assume the liability.
