reglab/housing_qa huggingface dataset:
NH Rev Stat § 402-O:1 (2021)
2021 New Hampshire Revised Statutes|Title XXXVII - Insurance|Title 402-O - Self-Service Storage Insurance|Section 402-O:1 - Definitions.

    402-O:1 Definitions. –||In this chapter:||I. "Commissioner" means the insurance commissioner.||II. "Location" means any physical location in the state of New Hampshire.||III. "Owner" means a business entity that is the owner, lessor, or sublessor of a self-service storage facility, the owner's agent, or any other person authorized by the owner to manage the facility, or to receive rent from a renter. The owner may be a resident or non-resident of this state.||IV. "Personal property" means movable property not affixed to land.||V. "Rental agreement" means any written agreement that establishes or modifies the terms, conditions, or rules concerning the use and occupancy of a rented space at a self-service storage facility.||VI. "Renter" means a person, or any agent or representative of the person, entitled to the use of rented space at a self-service storage facility under a rental agreement to the exclusion of others.||VII. "Self-service storage facility" means any real property designed and used for the purpose of renting or leasing individual storage space in which the renters themselves customarily store and remove their own personal property on a self-service basis. A self-service storage facility is not a warehouse as the term "warehouse" is used in RSA 382-A:7-102.||VIII. "Self-service storage insurance" means personal property insurance offered in connection with and incidental to the rental of a rented space at a self-service storage facility and which provides coverage to renters for the loss of or damage to personal property occurring at the facility or when the property is in transit to or from the facility during the period of the rental agreement.||IX. "Supervising entity" means a business entity that is a licensed admitted insurer or insurance producer licensed under RSA 402-J that is appointed or authorized by an insurer to supervise the administration of a self-service storage insurance program.|||Source. 2021, 119:2, Pt. III, Sec. 1, eff. Jan. 1, 2022.|
NH Rev Stat § 402-O:2 (2021)
2021 New Hampshire Revised Statutes|Title XXXVII - Insurance|Title 402-O - Self-Service Storage Insurance|Section 402-O:2 - Licensure of Owners.

    402-O:2 Licensure of Owners. –||I. An owner shall hold a limited lines license to sell or offer coverage for self-service storage insurance at any location in this state. An owner is not required to hold a license solely to display and make available to renters and prospective renters brochures and other promotional materials created by or on behalf of an authorized insurer or surplus lines insurer.||II. A limited lines license issued under this chapter shall authorize the owner and the employees and authorized representatives of the owner to sell and offer coverage for self-service storage insurance to renters at each location at which the owner conducts business.||III. The supervising entity shall maintain a registry of each location at which the owner sells or offers self-service storage insurance in this state.||IV. Notwithstanding any other provision of law, a license issued pursuant to this chapter shall authorize the licensee and its employees and authorized representatives to engage in those activities that are permitted in this chapter.||V. Owners, and their employees and authorized representatives, are exempt from all examination and education requirements under RSA 402-J in regard to self-service storage insurance.|||Source. 2021, 119:2, Pt. III, Sec. 1, eff. Jan. 1, 2022.|
NH Rev Stat § 402-O:3 (2021)
2021 New Hampshire Revised Statutes|Title XXXVII - Insurance|Title 402-O - Self-Service Storage Insurance|Section 402-O:3 - Marketing Requirements for Sale of Self-Service Storage Insurance.

    402-O:3 Marketing Requirements for Sale of Self-Service Storage Insurance. –||I. An owner shall not offer or sell insurance under this section unless:||(a) The owner provides to the renter written notice that:||(1) Summarizes the material terms of insurance coverage offered to renters, including the identity of the insurer, premium amount, benefits, exclusions, and conditions.||(2) Discloses that the policies offered by the owner may provide a duplication of coverage already provided by a renter's homeowner's insurance policy, residential renter's insurance policy, vehicle insurance policy, watercraft insurance policy, or other source of property insurance coverage and that no liability coverage is provided by the insurance coverage. This disclosure shall be displayed prominently in 12-point type or capital letters and shall read as follows:||Your renters' or homeowners' policy may provide the insurance you need. Check with your insurance agent to determine if your personal property stored at a location other than your home or business is covered.||(3) States that if insurance is required as a condition of rental, the requirement may be satisfied by the renter purchasing the insurance described in this section or by presenting evidence of other applicable insurance coverage.||(4) Describes the process for filing a claim.||(b) All costs related to the insurance are stated in writing.||(c) Evidence of coverage in a form developed by the insurer or supervising entity is provided to every renter who purchases the coverage.||(d) The insurance is provided by an insurer authorized to transact the applicable kinds of insurance in this state.||II. Self-service storage insurance may be offered on a month-to-month or other periodic basis under an individual policy or a group or master commercial policy coverage with limits not exceeding $10,000 in aggregate. All self-service storage insurance policy forms, endorsements, and other contract language shall be submitted pursuant to RSA 412:5, II. RSA 412:5, VI shall not apply to self-service storage insurance regardless of the type of insurance.|||Source. 2021, 119:2, Pt. III, Sec. 1, eff. Jan. 1, 2022.|
NH Rev Stat § 402-O:4 (2021)
2021 New Hampshire Revised Statutes|Title XXXVII - Insurance|Title 402-O - Self-Service Storage Insurance|Section 402-O:4 - Authority of Owners.

    402-O:4 Authority of Owners. –||I. The employees and authorized representatives of owners may sell and offer self-service storage insurance to renters and shall not be subject to licensure as an insurance producer under this chapter provided that:||(a) The owner obtains a limited lines license to authorize its employees and authorized representatives to sell and offer self-service storage insurance pursuant to this chapter.||(b) The insurer issuing the self-service storage insurance either directly supervises or appoints a supervising entity to supervise the administration of the program, including development of a training program for employees and authorized representatives of the owners. The training required by this section shall comply with the following:||(1) The training shall be delivered to the employees and authorized representatives who are directly engaged in the activity of selling and offering self-service storage insurance.||(2) The training may be provided in electronic form. However, if conducted in electronic form the supervising entity shall implement a supplemental education program regarding the self-service storage insurance that is conducted and overseen by a licensed producer.||(3) Each employee and authorized representative who is directly engaged in the activity of selling and offering self-service storage insurance shall receive basic instruction about the self-service storage insurance offered to renters and the disclosures required under RSA 402-O:3.||(4) The training program shall be submitted to the commissioner for approval.||(c) No employee or authorized representative of an owner shall advertise, represent, or otherwise hold himself or herself out as a non-limited lines licensed insurance producer, unless otherwise licensed.||II. The charges for self-service storage insurance coverage may be billed and collected by the owner and its employees and authorized representatives. Owners billing and collecting such charges shall not be required to maintain such funds in a segregated account provided that the owner is authorized by the insurer or supervising entity to hold such funds in an alternative manner and remits such amounts to the insurer or supervising entity within 60 days of receipt. All premiums received by an owner from a renter for the sale of self-service storage insurance shall be considered funds held by the owner in a fiduciary capacity for the benefit of the insurer. An owner may receive compensation for billing and collection services.|||Source. 2021, 119:2, Pt. III, Sec. 1, eff. Jan. 1, 2022.|
NH Rev Stat § 402-O:5 (2021)
2021 New Hampshire Revised Statutes|Title XXXVII - Insurance|Title 402-O - Self-Service Storage Insurance|Section 402-O:5 - Application for License.

    402-O:5 Application for License. –||I. A sworn application for a license under this chapter shall be made to and filed with the commissioner on forms prescribed and furnished by the commissioner. The applicant may be a resident or non-resident of this state.||II. The application shall provide:||(a) The name, residence address, and other information required by the commissioner for an authorized representative of the owner or supervising entity that is designated by the applicant as the person responsible for the owner's compliance with the requirements of this chapter. However, if the owner derives more than 50 percent of its revenue from the sale of self-service storage insurance the information noted above shall be provided for all officers, directors, and shareholder of record having beneficial ownership of 10 percent or more of any class of securities registered under the federal securities law; and||(b) The location of the owner's home office.||III. Any owner engaging in self-service storage insurance transactions on or before the effective date of this chapter shall apply for licensure within 90 days of the application being made available by the commissioner. Any applicant commencing operations after the effective date of this chapter shall obtain a license prior to offering self-service storage insurance.||IV. Initial licenses issued pursuant to this chapter shall expire on the second May 31 from the date of issue. Renewed licenses shall be effective for 2 years, expiring on May 31.||V. Each owner licensed under this chapter shall pay a fee as determined by the commissioner provided that the fee shall not exceed $500 for an initial self-service storage insurance license and $250 for each license renewal. However, for an owner who sells self-service storage insurance at 10 or fewer locations in the state the fee shall not exceed $150 for an initial license and for each renewal of a license.||VI. A self-service storage insurance license which lapses may, within 24 months from the due date of the renewal, be reinstated with a penalty in the amount of double the unpaid renewal fee for any renewal received after the due date pursuant to paragraph IV.|||Source. 2021, 119:2, Pt. III, Sec. 1, eff. Jan. 1, 2022.|
NH Rev Stat § 403:1 (2021)
2021 New Hampshire Revised Statutes|Title XXXVII - Insurance|Title 403 - Guaranty Fund of Mutual Insurance Companies|Section 403:1 - Guaranty Fund Established Out of Surplus.

    403:1 Guaranty Fund Established Out of Surplus. –||Any mutual insurance company organized under the laws of this state may establish a guaranty fund in any amount not exceeding $500,000 or not to exceed 1/2 its net policyholders' surplus, whichever is smaller, by appropriation from its net assets. Such guaranty fund shall be considered as paid up capital and be available to meet the obligations of the company, but not to pay dividends or to be otherwise distributed except to meet the obligations of the company when all other assets of the company shall become exhausted.|||Source. 1947, 149:1 par. 11, eff. May 15, 1947.|
NH Rev Stat § 403:2 (2021)
2021 New Hampshire Revised Statutes|Title XXXVII - Insurance|Title 403 - Guaranty Fund of Mutual Insurance Companies|Section 403:2 - Guaranty Fund Established by Subscription.

    403:2 Guaranty Fund Established by Subscription. –||Any mutual insurance company organized under the laws of this state may create not more than one guaranty fund by borrowing a sum of money not exceeding $500,000, by the issue of certificates of indebtedness upon such terms as the policyholders shall determine provided that such certificates shall not be divided into classes in any way and that the holders of such certificates shall not be entitled to vote in the direction of the affairs of the company and shall not receive a greater return on their investment than 10 percent per annum. The commissioner, upon notice to the company and after hearing its objections, if any, may require any guaranty fund established under this section to be retired when he shall find it is no longer needed for protection of the policyholders.|||Source. 1947, 149:1 par. 12. RSA 403:2. 1969, 293:2, eff. June 30, 1969.|
NH Rev Stat § 403:3 (2021)
2021 New Hampshire Revised Statutes|Title XXXVII - Insurance|Title 403 - Guaranty Fund of Mutual Insurance Companies|Section 403:3 - Retirement of Guaranty Funds.

    403:3 Retirement of Guaranty Funds. –||Any mutual insurance company which shall create a guaranty fund under either of the 2 preceding sections may, with the approval of the insurance commissioner, reduce or retire such fund in whole or in part, but it may not be otherwise distributed except to pay the obligations of the company.|||Source. 1947, 149:1 par. 13, eff. May 15, 1947.|
NH Rev Stat § 403:4 (2021)
2021 New Hampshire Revised Statutes|Title XXXVII - Insurance|Title 403 - Guaranty Fund of Mutual Insurance Companies|Section 403:4 - Loans to Companies.

    403:4 Loans to Companies. –||Any director, officer, or member of any mutual insurance company, other than a mutual life company, or any other person, may advance to such company any sum or sums of money necessary for the purpose of its business or to enable it to comply with any of the requirements of the law. Such moneys, and such interest thereon as may have been agreed upon, not exceeding 10 per centum per annum, shall not be a liability or claim against the company or any of its assets, and shall be repaid only out of the surplus of such company. No commission or promotion expenses shall be paid in connection with the advance of any such money to the company, and the amount of such advance shall be reported in each annual statement. Such company shall prior to making such advances provide the insurance commissioner with such evidence as he may by regulation prescribe concerning the making of any such advance or the making of any payments, whether of principal or interest, on account thereof.|||Source. 1969, 293:3, eff. June 30, 1969.|
NH Rev Stat § 403:5 (2021)
2021 New Hampshire Revised Statutes|Title XXXVII - Insurance|Title 403 - Guaranty Fund of Mutual Insurance Companies|Section 403:5 - Rules.

    403:5 Rules. –||The insurance commissioner is hereby granted authority to issue such rules, regulations and orders as may be necessary to properly administer this chapter.|||Source. 1969, 293:3, eff. June 30, 1969.|
NH Rev Stat § 403-A:1 (2021)
2021 New Hampshire Revised Statutes|Title XXXVII - Insurance|Title 403-A - Disposal of Assets|Section 403-A:1 - Definitions.

    403-A:1 Definitions. –||As used in this chapter, the term:||I. "Assets" includes all the property and rights of every kind of a domestic insurance company, or association.||II. "Total assets" means the dollar amount of the company's total assets as reported in its most recent convention statement.||III. "Disposal" includes any sale, transfer, exchange, assignment, alienation or other conveyance of an interest in assets, but does not include a ceding of policies pursuant to a reinsurance contract.|||Source. 1969, 293:1, eff. June 30, 1969.|
NH Rev Stat § 403-A:2 (2021)
2021 New Hampshire Revised Statutes|Title XXXVII - Insurance|Title 403-A - Disposal of Assets|Section 403-A:2 - Disposal of Assets.

    403-A:2 Disposal of Assets. –||Any domestic insurance company or association that, within any period of 30 days, by one or more transactions, disposes of any of its assets which, in the aggregate, amount to more than 10 percent of its total assets, shall send written notification thereof to the insurance commissioner. Such notification shall be given at least 10 business days prior to the making of such disposal, and shall specify the nature and amount thereof, and identify all of the parties thereto.|||Source. 1969, 293:1, eff. June 30, 1969.|
NH Rev Stat § 403-A:3 (2021)
2021 New Hampshire Revised Statutes|Title XXXVII - Insurance|Title 403-A - Disposal of Assets|Section 403-A:3 - Reinsurance.

    403-A:3 Reinsurance. –||Any domestic insurance company or association except a domestic life insurance company, which, during any period of 12 consecutive months, by any contract or contracts of reinsurance, cedes an amount of its insurance on which the total gross reinsurance premiums are more than 50 percent of the unearned premiums on the net amount of its insurance in force at the beginning of such period, shall give written notification thereof to the insurance commissioner. Any domestic life insurance company which reinsures its whole risk on any individual life or joint lives or reinsures policies which, during any period of 12 consecutive months, in the aggregate, amount to more than 50 percent of its insurance in force shall give written notification thereof to the insurance commissioner. The notification required hereunder shall be given at least 10 business days before the date such reinsurance takes effect, and shall specify the nature and amount thereof, and identify the parties thereto. The requirements of this section shall not apply to reinsurance made in the ordinary course of business covering reinsurance of specified individual risks under agreements relating to current business.|||Source. 1969, 293:1, eff. June 30, 1969.|
NH Rev Stat § 403-A:4 (2021)
2021 New Hampshire Revised Statutes|Title XXXVII - Insurance|Title 403-A - Disposal of Assets|Section 403-A:4 - Fraud by Officer, etc.

    403-A:4 Fraud by Officer, etc. –||It shall be unlawful for any member, officer, director, or attorney-in-fact of any company, association, or exchange licensed to do an insurance business in this state to borrow, rent, hire, lease, or otherwise engage on behalf of such company, association or exchange the use of stocks, bonds, debentures, notes, investment certificates, securities, or other obligations or evidences of indebtedness owned or issued by any other corporation, company, association, or individual, or of any government, political subdivision or agency thereof, with intent to injure or defraud any other company, body politic or corporation, or person, or to deceive the insurance commissioner or other person legally authorized to examine the affairs of any such company, association, or exchange. Any person convicted of a violation of this section shall be guilty of a class B felony.|||Source. 1969, 293:1. 1973, 528:280, eff. Oct. 31, 1973 at 11:59 p.m.|
NH Rev Stat § 403-A:5 (2021)
2021 New Hampshire Revised Statutes|Title XXXVII - Insurance|Title 403-A - Disposal of Assets|Section 403-A:5 - Fraud by Corporation.

    403-A:5 Fraud by Corporation. –||It shall be unlawful for any corporation organized under any law of this state, or the laws of any other state, or which has an office or is transacting business in this state, which is engaged in, or is claiming or advertising that it is engaged in, organizing or receiving subscriptions for or disposing of stocks of, or in any manner aiding or taking part in the formation or in the business of an insurance company, association, or exchange, either as agent or otherwise, or which is holding capital stock of one or more insurance companies for the purpose of controlling the management thereof as voting trustees or otherwise, or any employee, agent, or attorney thereof, that aids and abets such insurance company, association, or exchange to borrow, rent, hire, lease, or engage the use of such stock, bonds, debentures, notes, investment certificates, securities, or other obligations or evidences of indebtedness. Any corporation convicted of a violation of this section shall be guilty of a felony.|||Source. 1969, 293:1. 1973, 528:281, eff. Oct. 31, 1973 at 11:59 p.m.|
NH Rev Stat § 403-A:6 (2021)
2021 New Hampshire Revised Statutes|Title XXXVII - Insurance|Title 403-A - Disposal of Assets|Section 403-A:6 - Possession of Stocks, etc.

    403-A:6 Possession of Stocks, etc. –||If any insurance company, association, or exchange is found in possession of stocks, bonds, debentures, notes, investment certificates, securities, or other obligations or evidences of indebtedness acquired in violation of RSA 403-A:4, or if any of its officers, directors, members, or attorneys-in-fact have been convicted of a violation of RSA 403-A:4, such company, association, or exchange may be subject to suspension of its certificate of authority by the insurance commissioner. Nothing in this section shall be construed to prevent the insurance commissioner from bringing an action to dissolve such insurance company, association, or exchange.|||Source. 1969, 293:1, eff. June 30, 1969.|
NH Rev Stat § 403-A:7 (2021)
2021 New Hampshire Revised Statutes|Title XXXVII - Insurance|Title 403-A - Disposal of Assets|Section 403-A:7 - to 403-A:11 Repealed by 1971, 176:2, II, eff. Aug. 7, 1971.

    403-A:7 to 403-A:11 Repealed by 1971, 176:2, II, eff. Aug. 7, 1971. –|
NH Rev Stat § 403-A:12 (2021)
2021 New Hampshire Revised Statutes|Title XXXVII - Insurance|Title 403-A - Disposal of Assets|Section 403-A:12 - Rules and Regulations.

    403-A:12 Rules and Regulations. –||The insurance commissioner may, by regulation, prescribe the rules necessary for the administration of this chapter.|||Source. 1969, 293:1. 2002, 207:46, eff. July 15, 2002.|
NH Rev Stat § 403-B:1 (2021)
2021 New Hampshire Revised Statutes|Title XXXVII - Insurance|Title 403-B - Conversion of Mutual Insurers|Section 403-B:1 - Application of Chapter.

    403-B:1 Application of Chapter. –||A mutual insurance company organized under the laws of this state, other than an assessment mutual, may convert into a stock insurance company upon compliance with the provisions of this chapter.|||Source. 1992, 288:16, eff. May 18, 1992.|
NH Rev Stat § 403-B:2 (2021)
2021 New Hampshire Revised Statutes|Title XXXVII - Insurance|Title 403-B - Conversion of Mutual Insurers|Section 403-B:2 - Definitions.

    403-B:2 Definitions. –||In this chapter:||I. "Commissioner" means the insurance commissioner.||II. "Conversion value" means the amount of the insurer's policyholder surplus, determined in accordance with those accounting procedures and practices prescribed by the National Association of Insurance Commissioners and by the commissioner, brought current to the date of adoption by the board of directors of the plan of conversion.||III. "Eligible policyholder" means, with respect to a mutual fire or casualty insurance company, a policyholder of the insurer on the date of adoption of the plan of conversion by the board of directors pursuant to RSA 403-B:3, I or, with respect to a mutual life insurance company, such policyholders defined in the plan of conversion approved by the commissioner.||IV. "Net premiums" means gross premiums paid by a policyholder to the insurer, less return premiums and dividends paid.|||Source. 1992, 288:16, eff. May 18, 1992.|