TITLE XXXVII
INSURANCE
CHAPTER 416
SURETY COMPANIES
Section 416:1
416:1 Determination of Solvency. –
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.
Source.
1885, 53:2. PS 172:2. PL 282:2. RL 332:2.