New Hampshire § 404-D-2 - Section 404-D:2 Purpose.
Full text of New Hampshire New Hampshire Revised Statutes Annotated § 404-D-2 — Section 404-D:2 Purpose., with citation guidance and answers to common questions.
§ 404-D-2. Section 404-D:2 Purpose.
The purpose of this chapter is to maintain public confidence in the promises of insurers by providing a mechanism for protecting policyowners, insureds, beneficiaries, annuitants, payees, and assignees of life insurance policies, health insurance policies, annuity contracts, and supplemental contracts, against failure in the performance of fair and equitable contractual obligations due to the impairment of the insurer issuing such policies or contracts. To provide this protection: I. An association of insurers is created to enable the guaranty of payment of benefits and of continuation of coverages; II. Members of the association are subject to assessment to provide funds to carry out the purpose of this chapter; and III. The association is authorized to assist the commissioner, in the prescribed manner, in the detection and prevention of insurer impairments.
Frequently Asked Questions About New Hampshire § 404-D-2
What does New Hampshire Revised Statutes Annotated § 404-D-2 cover?
Section 404-D-2 ("Section 404-D:2 Purpose.") 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 § 404-D-2?
A common citation format is "New Hampshire Revised Statutes Annotated § 404-D-2" (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 § 404-D-2 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.