TITLE XXXVII
INSURANCE

CHAPTER 402
INSURANCE COMPANIES AND AGENTS

Mutual Companies

Section 402:4

    402:4 Assessments on Closing Business. – No more than 30 percent above its actual indebtedness shall be assessed by any such company to close its affairs; and the officers and agents thereof shall not receive more than 20 percent of the money collected for their services in closing its business.

Source. 1858, 2082:4. GS 158:6. GL 173:6. PS 168:4. PL 273:4. RL 323:4.