FOREIGN INSURANCE COMPANIES AND THEIR AGENTS
Licenses for Agents of Foreign Companies
405:17-b Insuring Through Producers.
I. Foreign insurance or surety companies, although authorized to transact business within this state, shall only make, write, place, or cause to be made, written, or placed, policies or contracts of insurance or suretyship which are to be effective within this state through producers who are licensed and properly appointed to transact business in this state pursuant to RSA 402-J.
II. Foreign insurance or surety companies shall maintain books, records, and documents sufficient to demonstrate compliance with the provisions of paragraph I as provided in RSA 400-B.
Source. 1985, 179:4. 2000, 315:11. 2001, 95:4. 2009, 178:4, eff. Sept. 11, 2009.