New Hampshire Code of Administrative Rules
Ins - Commissioner, Insurance Department
Chapter Ins 2300 - THIRD PARTY ADMINISTRATORS
Part Ins 2301 - REGULATION OF THIRD PARTY ADMINISTRATORS
Section Ins 2301.06 - Audited Financial Statement
Universal Citation: NH Admin Rules Ins 2301.06
Current through Register No. 12, March 21, 2024
(a) Each renewal of a certificate of authority shall be accompanied by the applicant's current audited financial statement.
(b) The financial statement shall reflect a positive net worth in order to be acceptable as proof of the applicant's financial responsibility.
(c) The department, in determining an applicant's ability to pay his obligations when due, shall request reports of the applicant's credit and present financial condition.
#5787, eff 2-14-94; ss by #7023, eff 7-1-99; ss by #7318, eff 8-1-00, EXPIRED: 8-1-08
New. #9510, eff 7-10-09
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