TITLE XXXVII
INSURANCE

CHAPTER 402
INSURANCE COMPANIES AND AGENTS

Other Penalties

Section 402:52

    402:52 Illegal Fees, etc. – If any officer or employee of any such insurance company shall directly or indirectly receive any fee, present or benefit whatever from any borrower or applicant for a loan from such company as an inducement to making the loan, or from any one negotiating securities to the company (except the usual compensation for drawing mortgages and other papers pertaining to the loan), or for negotiating loans in his own behalf as an official of the company, shall be guilty of a class A felony.

Source. 1895, 106:2. PL 273:46. RL 323:51. RSA 402:52. 1973, 528:277, eff. Oct. 31, 1973 at 11:59 p.m.