Any domestic insurer may, upon the approval of the commissioner, transfer its domicile to any other state in which it is admitted to transact the business of insurance, and upon such a transfer shall cease to be a domestic insurer, and shall be admitted to this state if qualified as a foreign insurer.
N.H. Rev. Stat. Ann. § 405:63
Conversion of Foreign Insurer
Applied in 1 court decision — leading case SAU#59 v. Lexington Insur. (2009)
Most recently applied in SAU#59 v. Lexington Insur. (October 2009)
Source. 1991, 114:4, eff
Official source: New Hampshire General Court. Reproduced from public-domain New Hampshire statutes; confirm against the official source for the current text. Not legal advice.