RSA 401-B:3-a Acquisitions Involving Insurers Not Otherwise Covered.

Title: XXXVII - INSURANCE Chapter: 401-B - INSURANCE HOLDING COMPANIES

I. Definitions. In this section:
(a) "Acquisition" means any agreement, arrangement or activity, the consummation of which results in a person acquiring directly or indirectly the control of another person, and includes but is not limited to the acquisition of voting securities, the acquisition of assets, bulk reinsurance and mergers.
(b) An "involved insurer" includes an insurer which either acquires or is acquired, is affiliated with an acquirer or acquired, or is the result of a merger.
II. Scope.
(a) Except as exempted in subparagraph II(b), this section applies to any acquisition in which there is a change in control of an insurer authorized to do business in this state.
(b) This section shall not apply to the following:
(1) A purchase of sec

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