New Hampshire § 402-G-1 - Section 402-G:1 Definitions.
Full text of New Hampshire New Hampshire Revised Statutes Annotated § 402-G-1 — Section 402-G:1 Definitions., with citation guidance and answers to common questions.
§ 402-G-1. Section 402-G:1 Definitions.
In this chapter: I. "Accredited state" means a state in which the insurance department or regulatory agency has qualified as meeting the minimum financial regulatory standards promulgated and established from time to time by the National Association of Insurance Commissioners (NAIC). II. "Control" or "controlled" means "control" as defined in RSA 401-B:1, III. III. "Controlled insurer" means a licensed insurer which is controlled, directly or indirectly, by a producer. IV. "Controlling producer" means a producer who, directly or indirectly, controls an insurer. V. "Licensed insurer" or "insurer" means any person, firm, association, or corporation duly licensed to transact a property/casualty insurance business in this state. The following, among others, are not licensed insurers for the purposes of this chapter: (a) All risk retention groups as defined in the Superfund Amendments Reauthorization Act of 1986, Pub. L. No. 99-499, 100 Stat. 1613 (1986) and the Risk Retention Act, 15 U.S.C. section 3901 et seq. (1982 & Supp. 1986) and RSA 405-A; (b) All residual market pools and joint underwriting authorities or associations; and (c) All captive insurers which, for the purposes of this chapter, are insurance companies owned by another organization whose exclusive purpose is to insure risks of the parent organization and affiliated companies or, in the case of groups and associations, insurance organizations owned by the insureds whose exclusive purpose is to insure risks to member organizations or group members, or both, and their affiliates. VI. "Producer" means an insurance broker or brokers or any other person, firm, association or corporation, when, for any compensation, commission or other thing of value, such person, firm, association or corporation acts or aids in any manner in soliciting, negotiating, or procuring the making of any insurance contract on behalf of an insured other than the person, firm, association, or corporation.
Source: official New Hampshire text · Last verified 2026-08-27
Frequently Asked Questions About New Hampshire § 402-G-1
What does New Hampshire Revised Statutes Annotated § 402-G-1 cover?
Section 402-G-1 ("Section 402-G:1 Definitions.") is part of the New Hampshire Revised Statutes Annotated, the codified statutory law of New Hampshire. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite New Hampshire § 402-G-1?
A common citation format is "New Hampshire Revised Statutes Annotated § 402-G-1" (New Hampshire). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of New Hampshire law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the New Hampshire official source linked on this page or consult a licensed New Hampshire attorney.
How does New Hampshire § 402-G-1 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in New Hampshire can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in New Hampshire.