reglab/housing_qa huggingface dataset:
NH Rev Stat § 408-C:3 (2021)
2021 New Hampshire Revised Statutes|Title XXXVII - Insurance|Title 408-C - Interstate Insurance Product Compact|Section 408-C:3 - Commission Established and Venue.

    408-C:3 Commission Established and Venue. –||I. The compacting states hereby create and establish a joint public agency known as the "Interstate Insurance Product Regulation Commission." Pursuant to RSA 408-C:4, the commission shall have the power to develop uniform standards for product lines, receive and provide prompt review of products filed therewith, and give approval to those product filings satisfying applicable uniform standards; provided, it is not intended for the commission to be the exclusive entity for receipt and review of insurance product filings. Nothing in this chapter shall prohibit any insurer from filing its product in any state wherein the insurer is licensed to conduct the business of insurance; and any such filing shall be subject to the laws of the state where filed.||II. The commission is a body corporate and politic, and an instrumentality of the compacting states.||III. The commission is solely responsible for its liabilities except as otherwise specifically provided in this compact.||IV. Venue is proper and judicial proceedings by or against the commission shall be brought solely and exclusively in a court of competent jurisdiction where the principal office of the commission is located.|||Source. 2004, 196:2, eff. Aug. 6, 2004.|
NH Rev Stat § 408-C:6 (2021)
2021 New Hampshire Revised Statutes|Title XXXVII - Insurance|Title 408-C - Interstate Insurance Product Compact|Section 408-C:6 - Meetings and Acts of the Commission.

    408-C:6 Meetings and Acts of the Commission. –||I. The commission shall meet and take such actions as are consistent with the provisions of this compact and the bylaws.||II. Each member of the commission shall have the right and power to cast a vote to which that compacting state is entitled and to participate in the business and affairs of the commission. A member shall vote in person or by such other means as provided in the bylaws. The bylaws may provide for members' participation in meetings by telephone or other means of communication.||III. The commission shall meet at least once during each calendar year. Additional meetings shall be held as set forth in the bylaws.|||Source. 2004, 196:2, eff. Aug. 6, 2004.|
NH Rev Stat § 408-C:9 (2021)
2021 New Hampshire Revised Statutes|Title XXXVII - Insurance|Title 408-C - Interstate Insurance Product Compact|Section 408-C:9 - Dispute Resolution.

    408-C:9 Dispute Resolution. –||The commission shall attempt, upon the request of a member, to resolve any dispute or other issues that are subject to this compact and which may arise between 2 or more compacting states, or between compacting states and non-compacting states, and the commission shall promulgate an operating procedure providing for resolution of such disputes.|||Source. 2004, 196:2, eff. Aug. 6, 2004.|
NH Rev Stat § 408-C:10 (2021)
2021 New Hampshire Revised Statutes|Title XXXVII - Insurance|Title 408-C - Interstate Insurance Product Compact|Section 408-C:10 - Product Filing and Approval.

    408-C:10 Product Filing and Approval. –||I. Insurers and third-party filers seeking to have a product approved by the commission shall file the product with, and pay applicable filing fees to, the commission. Nothing in this chapter shall be construed to restrict or otherwise prevent an insurer from filing its product with the insurance department in any state wherein the insurer is licensed to conduct the business of insurance, and such filing shall be subject to the laws of the states where filed.||II. The commission shall establish appropriate filing and review processes and procedures pursuant to commission rules and operating procedures. Notwithstanding any provision herein to the contrary, the commission shall promulgate rules to establish conditions and procedures under which the commission will provide public access to product filing information. In establishing such rules, the commission shall consider the interests of the public in having access to such information, as well as protection of personal medical and financial information and trade secrets, that may be contained in a product filing or supporting information.||III. Any product approved by the commission may be sold or otherwise issued in those compacting states for which the insurer is legally authorized to do business.|||Source. 2004, 196:2, eff. Aug. 6, 2004.|
NH Rev Stat § 408-C:11 (2021)
2021 New Hampshire Revised Statutes|Title XXXVII - Insurance|Title 408-C - Interstate Insurance Product Compact|Section 408-C:11 - Review of Commission Decisions Regarding Filings.

    408-C:11 Review of Commission Decisions Regarding Filings. –||I. Not later than 30 days after the commission has given notice of a disapproved product or advertisement filed with the commission, the insurer or third party filer whose filing was disapproved may appeal the determination to a review panel appointed by the commission. The commission shall promulgate rules to establish procedures for appointing such review panels and provide for notice and hearing. An allegation that the commission, in disapproving a product or advertisement filed with the commission, acted arbitrarily, capriciously, or in a manner that is an abuse of discretion or otherwise not in accordance with the law, is subject to judicial review in accordance with RSA 408-C:3, IV.||II. The commission shall have authority to monitor, review and reconsider products and advertisement subsequent to their filing or approval upon a finding that the product does not meet the relevant uniform standard. Where appropriate, the commission may withdraw or modify its approval after proper notice and hearing, subject to the appeal process in paragraph I.|||Source. 2004, 196:2, eff. Aug. 6, 2004.|
NH Rev Stat § 408-C:12 (2021)
2021 New Hampshire Revised Statutes|Title XXXVII - Insurance|Title 408-C - Interstate Insurance Product Compact|Section 408-C:12 - Finance.

    408-C:12 Finance. –||I. The commission shall pay or provide for the payment of the reasonable expenses of its establishment and organization. To fund the cost of its initial operation, the commission may accept contributions and other forms of funding from the National Association of Insurance Commissioners, compacting states and other sources. Contributions and other forms of funding from other sources shall be of such a nature that the independence of the commission concerning the performance of its duties shall not be compromised.||II. The commission shall collect a filing fee from each insurer and third party filer filing a product with the commission to cover the cost of the operations and activities of the commission and its staff in a total amount sufficient to cover the commission's annual budget.||III. The commission's budget for a fiscal year shall not be approved until it has been subject to notice and comment as set forth in RSA 408-C:7.||IV. The commission shall be exempt from all taxation in and by the compacting states.||V. The commission shall not pledge the credit of any compacting state, except by and with the appropriate legal authority of that compacting state.||VI. The commission shall keep complete and accurate accounts of all its internal receipts, including grants and donations, and disbursements of all funds under its control. The internal financial accounts of the commission shall be subject to the accounting procedures established under its bylaws. The financial accounts and reporting including the system of internal controls and procedures of the commission shall be audited annually by an independent certified public accountant. Upon the determination of the commission, but no less frequently than every 3 years, the review of the independent auditor shall include a management and performance audit of the commission. The commission shall make an annual report to the governor and legislature of the compacting states, which shall include a report of the independent audit. The commission's internal accounts shall not be confidential and such materials may be shared with the commissioner of any compacting state upon request provided, however, that any work papers related to any internal or independent audit and any information regarding the privacy of individuals and insurers' proprietary information, including trade secrets, shall remain confidential.||VII. No compacting state shall have any claim to or ownership of any property held by or vested in the commission or to any commission funds held pursuant to the provisions of this compact.|||Source. 2004, 196:2, eff. Aug. 6, 2004.|
NH Rev Stat § 408-C:13 (2021)
2021 New Hampshire Revised Statutes|Title XXXVII - Insurance|Title 408-C - Interstate Insurance Product Compact|Section 408-C:13 - Compacting States, Effective Date, and Amendment.

    408-C:13 Compacting States, Effective Date, and Amendment. –||I. Any state is eligible to become a compacting state.||II. The compact shall become effective and binding upon legislative enactment of the compact into law by 2 compacting states; provided, the commission shall become effective for purposes of adopting uniform standards for, reviewing, and giving approval or disapproval of, products filed with the commission that satisfy applicable uniform standards only after 26 states are compacting states or, alternatively, by states representing greater than 40 percent of the premium volume for life insurance, annuity, disability income and long-term care insurance products, based on records of the NAIC for the prior year. Thereafter, it shall become effective and binding as to any other compacting state upon enactment of the compact into law by that state.||III. Amendments to the compact may be proposed by the commission for enactment by the compacting states. No amendment shall become effective and binding upon the commission and the compacting states unless and until all compacting states enact the amendment into law.|||Source. 2004, 196:2, eff. Aug. 6, 2004.|
NH Rev Stat § 408-C:15 (2021)
2021 New Hampshire Revised Statutes|Title XXXVII - Insurance|Title 408-C - Interstate Insurance Product Compact|Section 408-C:15 - Severability and Construction.

    408-C:15 Severability and Construction. –||The provisions of this compact shall be severable; and if any phrase, clause, sentence or provision of this compact is declared to be unconstitutional or the applicability thereof, to any state, agency, person, or circumstances held invalid, the constitutionality of the remainder of this compact and the applicability thereof, to any other state, agency, person or circumstance shall not be affected thereby. It is the legislative intent that the provisions of this compact be reasonably and liberally construed to effectuate its purpose.|||Source. 2004, 196:2, eff. Aug. 6, 2004.|
NH Rev Stat § 408-C:16 (2021)
2021 New Hampshire Revised Statutes|Title XXXVII - Insurance|Title 408-C - Interstate Insurance Product Compact|Section 408-C:16 - Binding Effect of Compact and Other Laws.

    408-C:16 Binding Effect of Compact and Other Laws. –||I. (a) Nothing in this chapter shall prevent the enforcement of any other law of a compacting state, except as provided in subparagraph (b).||(b) For any product approved or certified to the commission, the rules, uniform standards and any other requirements of the commission shall constitute the exclusive provisions applicable to the content, approval and certification of such products. For advertisement that is subject to the commission's authority, any rule, uniform standard or other requirement of the commission which governs the content of the advertisement shall constitute the exclusive provision that a commissioner may apply to the content of the advertisement. Notwithstanding the foregoing, no action taken by the commission shall abrogate or restrict:||(1) The access of any person to state courts;||(2) Remedies available under state law related to breach of contract, tort, or other laws not specifically directed to the content of the product;||(3) State law relating to the construction of insurance contracts; or||(4) The authority of the attorney general of the state, including but not limited to maintaining any actions or proceedings, as authorized by law.||(c) All insurance products filed with individual states shall be subject to the laws of those states.||II. (a) All lawful actions of the commission, including all rules and operating procedures promulgated by the commission, are binding upon the compacting states.||(b) All agreements between the commission and the compacting states are binding in accordance with their terms.||(c) Upon the request of a party to a conflict over the meaning or interpretation of commission actions, and upon a majority vote of the compacting states, the commission may issue advisory opinions regarding the meaning or interpretation in dispute.||(d) In the event any provision of this compact exceeds the constitutional limits imposed on the legislature of any compacting state, the obligations, duties, powers or jurisdiction sought to be conferred by that provision upon the commission shall be ineffective as to that compacting state, and those obligations, duties, powers or jurisdiction shall remain in the compacting state and shall be exercised by the agency thereof to which those obligations, duties, powers or jurisdiction are delegated by law in effect at the time this compact becomes effective.|||Source. 2004, 196:2, eff. Aug. 6, 2004.|
NH Rev Stat § 408-D:1 (2021)
2021 New Hampshire Revised Statutes|Title XXXVII - Insurance|Title 408-D - Life Settlements Act|Section 408-D:1 - Short Title.

    408-D:1 Short Title. –||This chapter may be cited as the life settlements act.|||Source. 2010, 132:1, eff. June 14, 2010.|
NH Rev Stat § 408-D:4 (2021)
2021 New Hampshire Revised Statutes|Title XXXVII - Insurance|Title 408-D - Life Settlements Act|Section 408-D:4 - License Revocation and Denial.

    408-D:4 License Revocation and Denial. –||I. The commissioner may refuse to issue, suspend, revoke, or refuse to renew the license of a life settlement provider, or a life settlement producer, or a life insurance producer operating as a life settlement producer if the commissioner finds that:||(a) There was any material misrepresentation in the application for the license;||(b) The licensee or any officer, partner, member, or key management personnel has been convicted of fraudulent or dishonest practices, is subject to final administrative action, or is otherwise shown to be untrustworthy or incompetent;||(c) The life settlement provider demonstrates a pattern of unreasonable payments to viators;||(d) The licensee or any officer, partner, member, or key management personnel has been found guilty of, or has pleaded guilty or nolo contendere to any felony, or to a misdemeanor involving fraud or moral turpitude, regardless of whether a judgment of conviction has been entered by the court;||(e) The life settlement provider has entered into any life settlement contract using a form that has not been approved pursuant to this chapter;||(f) The life settlement provider has failed to honor contractual obligations set out in a life settlement contract;||(g) The licensee no longer meets the requirements for initial licensure;||(h) The life settlement provider has assigned, transferred, or pledged a settled policy to a person other than a life settlement provider licensed in this state, life settlement purchaser, an accredited investor or qualified institutional buyer as defined respectively in Rule 501(a) or Rule 144A promulgated under the Federal Securities Act of 1933, as amended, financing entity, special purpose entity, or related provider trust; or||(i) The licensee or any officer, partner, member, or key management personnel has violated any provision of this chapter.||II. If the commissioner denies a license application or suspends, revokes, or refuses to renew the license of a life settlement provider or life settlement producer, or suspends, revokes, or refuses to renew a license of a life insurance producer operating as a life settlement producer pursuant to this chapter the commissioner shall conduct a hearing in accordance with RSA 541-A.|||Source. 2010, 132:1, eff. June 14, 2010.|
NH Rev Stat § 408-D:5 (2021)
2021 New Hampshire Revised Statutes|Title XXXVII - Insurance|Title 408-D - Life Settlements Act|Section 408-D:5 - Approval of Life Settlement Contracts and Life Settlement Provider Disclosure Statements.

    408-D:5 Approval of Life Settlement Contracts and Life Settlement Provider Disclosure Statements. –||I. A person shall not use a life settlement contract form or provide to a viator a disclosure statement form in this state unless first filed with and approved by the commissioner.||II. The commissioner shall disapprove a life settlement contract form or disclosure statement form if, in the commissioner's opinion, the life settlement contract or provisions contained therein fail to meet the requirements of RSA 408-D:9, RSA 408-D:11, RSA 408-D:14 and RSA 408-D:15, II, or are unreasonable, contrary to the interests of the public, or otherwise misleading or unfair to the viator. At the commissioner's discretion, the commissioner may require the submission of advertising material.|||Source. 2010, 132:1, eff. June 14, 2010.|
NH Rev Stat § 408-D:6 (2021)
2021 New Hampshire Revised Statutes|Title XXXVII - Insurance|Title 408-D - Life Settlements Act|Section 408-D:6 - Reporting Requirements and Privacy.

    408-D:6 Reporting Requirements and Privacy. –||I. Each life settlement provider shall file with the commissioner on or before March 1 of each year an annual statement containing such information as the commissioner may prescribe by rule. Individual transaction data regarding the business of life settlements or data that could compromise the privacy of personal, financial, and health information of the viator or insured shall be filed with the commissioner on a confidential basis.||II. Except as otherwise allowed or required by law, a life settlement provider, life settlement producer, insurance company, insurance producer, information bureau, rating agency or company, or any other person with actual knowledge of an insured's identity, shall not disclose that identity as an insured, or the insured's financial or medical information to any other person unless the disclosure:||(a) Is necessary to effect a life settlement between the viator and a life settlement provider and the viator and insured have provided prior written consent to the disclosure;||(b) Is necessary to effect a life settlement purchase agreement between the life settlement purchaser and a life settlement provider and the viator and insured have provided prior written consent to the disclosure;||(c) Is provided in response to an investigation or examination by the commissioner or any other governmental officer or agency or pursuant to the requirements of RSA 408-D:15, III;||(d) Is a term of or condition to the transfer of a policy by one life settlement provider to another life settlement provider;||(e) Is necessary to permit a financing entity, related provider trust, or special purpose entity to finance the purchase of policies by a life settlement provider, and the viator and insured have provided prior written consent to the disclosure;||(f) Is necessary to allow the life settlement provider or life settlement producer or their authorized representatives to make contacts for the purpose of determining health status; or||(g) Is required to purchase stop loss coverage or financial guaranty insurance.|||Source. 2010, 132:1, eff. June 14, 2010.|
NH Rev Stat § 408-D:8 (2021)
2021 New Hampshire Revised Statutes|Title XXXVII - Insurance|Title 408-D - Life Settlements Act|Section 408-D:8 - Life Insurer Disclosure to Viator.

    408-D:8 Life Insurer Disclosure to Viator. –||I. Life insurers shall provide individual life insurance policyholders with a written notice that any of the acts described in paragraph III can have significant future financial, tax, or other implications and the consumer should consult with a licensed financial advisor, attorney, or other professional who can explain to the consumer all available options and consequences before acting.||II. The timing of the issuance of the notice, and the form of the notice shall be as set forth in rules adopted by the commissioner.||III. Actions that may have a significant future financial, tax, or other implication to the consumer are:||(a) Sale of the policy.||(b) Surrender of the policy.||(c) Lapse of the policy.||(d) Assignment of the policy or any right under the policy.||(e) Failure to pay premium.||(f) Application of the equity of the policy toward payment of premium.||(g) Application of accumulated dividends toward payment of premium.||(h) Financing of premium payments.||IV. Life insurers shall comply with regulations that require annual reporting to the consumer of policy information including annual reporting of the cash value of the policy.|||Source. 2010, 132:1, eff. June 14, 2010.|
NH Rev Stat § 408-D:10 (2021)
2021 New Hampshire Revised Statutes|Title XXXVII - Insurance|Title 408-D - Life Settlements Act|Section 408-D:10 - Life Settlement Provider and Life Settlement Producer Disclosure to Insurer.

    408-D:10 Life Settlement Provider and Life Settlement Producer Disclosure to Insurer. –||Prior to the initiation of a plan, transaction, or series of transactions, a life settlement producer or life settlement provider shall fully disclose to an insurer a plan, transaction, or series of transactions, to which the life settlement producer or life settlement provider is a party, to originate, renew, continue or finance a life insurance policy with the insurer for the purpose of engaging in the business of life settlements at anytime prior to, or during the first 5 years after, issuance of the policy.|||Source. 2010, 132:1, eff. June 14, 2010.|