New Hampshire § 408-32 - Section 408:32 Reserves.
Full text of New Hampshire New Hampshire Revised Statutes Annotated § 408-32 — Section 408:32 Reserves., with citation guidance and answers to common questions.
§ 408-32. Section 408:32 Reserves.
Except with the approval of the commissioner and under such conditions as to investments and other matters as he or she may prescribe, which shall recognize the guaranteed nature of the benefits provided, reserves for (a) benefits guaranteed as to dollar amount and duration and (b) funds guaranteed as to principal amount or stated rate of interest shall not be maintained in a variable product account. The reserve liability for variable products shall be established by the insurance commissioner pursuant to the requirements of RSA 410, the standard valuation law, in accordance with actuarial procedures that recognize the variable nature of the benefits provided.
Source: official New Hampshire text · Last verified 2026-08-27
Frequently Asked Questions About New Hampshire § 408-32
What does New Hampshire Revised Statutes Annotated § 408-32 cover?
Section 408-32 ("Section 408:32 Reserves.") 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 § 408-32?
A common citation format is "New Hampshire Revised Statutes Annotated § 408-32" (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 § 408-32 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.