New Hampshire § 418-12 - Section 418:12 Reinsurance.
Full text of New Hampshire New Hampshire Revised Statutes Annotated § 418-12 — Section 418:12 Reinsurance., with citation guidance and answers to common questions.
§ 418-12. Section 418:12 Reinsurance.
I. A domestic society may, by a reinsurance agreement, cede any individual risk or risks in whole or in part to an insurer, other than another fraternal benefit society, having the power to make such reinsurance and authorized to do business in this state, or if not so authorized, one which is approved by the commissioner, but no such society may reinsure substantially all of its insurance in force without the written permission of the commissioner. II. Notwithstanding the limitation in paragraph I, a society may reinsure the risks of another society in a consolidation or merger approved by the commissioner under RSA 418:13, or as part of an assumption reinsurance agreement approved by the commissioner for the purpose of consolidating risks in a particular geographic region or facilitating the transformation of a fraternal benefit society to another form of organization.
Source: official New Hampshire text · Last verified 2026-08-27
Frequently Asked Questions About New Hampshire § 418-12
What does New Hampshire Revised Statutes Annotated § 418-12 cover?
Section 418-12 ("Section 418:12 Reinsurance.") 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 § 418-12?
A common citation format is "New Hampshire Revised Statutes Annotated § 418-12" (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 § 418-12 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.