New Hampshire § 408-E-2 - Section 408-E:2 Definitions.
Full text of New Hampshire New Hampshire Revised Statutes Annotated § 408-E-2 — Section 408-E:2 Definitions., with citation guidance and answers to common questions.
§ 408-E-2. Section 408-E:2 Definitions.
In this chapter: I. "Funding agreement" means an agreement issued by a life insurance company, not based on mortality or morbidity, providing for the accumulation of funds by the insurer for the purpose of making one or more payments to the holder, where the initial premium paid is $1,000,000 or more. Except as provided in this chapter, a "funding agreement" does not constitute life insurance or an annuity and does not constitute a security as defined in RSA 421-B:1-102(53). II. "Holder" means a person described in RSA 408-E:4 to whom the life insurance company may issue a funding agreement. III. "Life insurance company" means a life insurance company authorized to do business pursuant to RSA 401:1, III. IV. "Optional modes of settlement" means the manner in which the funding agreement is structured to make payments to the holder.
Frequently Asked Questions About New Hampshire § 408-E-2
What does New Hampshire Revised Statutes Annotated § 408-E-2 cover?
Section 408-E-2 ("Section 408-E:2 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 § 408-E-2?
A common citation format is "New Hampshire Revised Statutes Annotated § 408-E-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 § 408-E-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.