RSA 402:74 Controlled Insurance; Prohibited Interest.

I. It is the policy of this state that an insurance agent or an insurance company should not be licensed to act or do business primarily for the purpose of placing insurance on his or its own property or on property which is owned or controlled in any manner by employees or close relatives of the agent or of the company or owners of the company, and it is the purpose of this section to further that policy.
II. If any applicant for a license from the commissioner of insurance to act as an insurance agent or to do insurance business in the state receives in any calendar year more than 10 percent of his or its total commissions or premiums from insurance that the agent or company writes in that year, from any insurance involving in any way the property or any interest in property