CHAPTER 405 FOREIGN INSURANCE COMPANIES AND THEIR AGENTS
Licenses for Companies
Section 405:4
405:4 Mutual Insurance Company. –
No such mutual insurance company shall be licensed to do business in the state unless it shall possess $800,000 of surplus to policyholders invested as provided in RSA 405:2, nor unless its assets equal its outstanding liabilities, including reinsurance, to be estimated as in the case of joint stock insurance companies, and including also the amount of its guaranteed capital.