RSA 415-B:2 License Required.
Title: XXXVII - INSURANCE
Chapter: 415-B - PREMIUM FINANCE COMPANIES
I. No person shall engage in the business of a premium finance company in this state without having first obtained a premium finance company license from the commissioner, except as provided in paragraph IV.
II. The annual license fee shall be $200. Licenses may be renewed from year to year as of July 1 of each year upon payment of the license fee to the commissioner. Additionally, a premium finance company established in this state shall file with the commissioner proof of minimum capital and surplus in an amount equal to or greater than $250,000, or shall file with the commissioner a surety bond or equivalent acceptable to the commissioner in the amount of $250,000.
III. The commissioner may, at any time, require the applicant to disclose fully the identity of all stoc