# N.H. Rev. Stat. § 402-C:10: 402-C:10 Delinquency Proceedings

> New Hampshire · Statutes · In force

URL: https://www.frixlaw.com/law-library/statutes/STATE_NH_TXXXVII_C402-C_S10

## Section

- **Citation:** N.H. Rev. Stat. § 402-C:10
- **Heading:** 402-C:10 Delinquency Proceedings
- **Jurisdiction:** New Hampshire
- **Kind:** Statutes
- **Status:** In force
- **Text as of:** August 14, 2026
- **Source:** Compiled text
- **Location:** NH Code / Title XXXVII / Chapter 402-C / Section 10

## Text

I. Every proceeding commenced before June 23, 1969, is deemed to have commenced under this chapter for the purpose of conducting the proceeding thereafter, except that in the discretion of the commissioner the proceeding may be continued, in whole or in part, as it would have been continued had this chapter not been enacted. II. Until all payments of or on account of the insurer's contracted delegations by all guaranty associations, along with all expenses thereof and interest on all such payments and expenses, shall have been repaid to the guaranty associations or a plan of repayment by the insurer shall have been approved by the guaranty association, no insurer that is subject to any delinquency proceeding shall: (a) Be released from such proceeding, unless such proceeding is converted into a judicial rehabilitation or liquidation proceeding; (b) Be permitted to solicit or accept new business or accept the restoration of any suspended or revoked license or certificate of authority; (c) Be returned to the control of its shareholders or private management; or (d) Have any of its assets returned to the control of its shareholders or private management.

## Nearby sections

- [N.H. Rev. Stat. § 402-C:1 402-C:1 Title, Construction and Purpose.](https://www.frixlaw.com/law-library/statutes/STATE_NH_TXXXVII_C402-C_S1.md)
- [N.H. Rev. Stat. § 402-C:2 402-C:2 Persons Covered.](https://www.frixlaw.com/law-library/statutes/STATE_NH_TXXXVII_C402-C_S2.md)
- [N.H. Rev. Stat. § 402-C:3 402-C:3 Definitions.](https://www.frixlaw.com/law-library/statutes/STATE_NH_TXXXVII_C402-C_S3.md)
- [N.H. Rev. Stat. § 402-C:4 402-C:4 Jurisdiction and Venue.](https://www.frixlaw.com/law-library/statutes/STATE_NH_TXXXVII_C402-C_S4.md)
- [N.H. Rev. Stat. § 402-C:5 402-C:5 Injunctions and Orders.](https://www.frixlaw.com/law-library/statutes/STATE_NH_TXXXVII_C402-C_S5.md)
- [N.H. Rev. Stat. § 402-C:6 402-C:6 Costs and Expenses of Litigation.](https://www.frixlaw.com/law-library/statutes/STATE_NH_TXXXVII_C402-C_S6.md)
- [N.H. Rev. Stat. § 402-C:7 402-C:7 Cooperation of Officers and Employees.](https://www.frixlaw.com/law-library/statutes/STATE_NH_TXXXVII_C402-C_S7.md)
- [N.H. Rev. Stat. § 402-C:8 402-C:8 Bonds.](https://www.frixlaw.com/law-library/statutes/STATE_NH_TXXXVII_C402-C_S8.md)
- [N.H. Rev. Stat. § 402-C:9 402-C:9 Commissioner's Reports.](https://www.frixlaw.com/law-library/statutes/STATE_NH_TXXXVII_C402-C_S9.md)
- [N.H. Rev. Stat. § 402-C:10 402-C:10 Delinquency Proceedings.](https://www.frixlaw.com/law-library/statutes/STATE_NH_TXXXVII_C402-C_S10.md)
- [N.H. Rev. Stat. § 402-C:11 402-C:11 Commissioner's Summary Orders.](https://www.frixlaw.com/law-library/statutes/STATE_NH_TXXXVII_C402-C_S11.md)
- [N.H. Rev. Stat. § 402-C:12 402-C:12 Court's Seizure Order.](https://www.frixlaw.com/law-library/statutes/STATE_NH_TXXXVII_C402-C_S12.md)
- [N.H. Rev. Stat. § 402-C:13 402-C:13 Commissioner's Seizure Order.](https://www.frixlaw.com/law-library/statutes/STATE_NH_TXXXVII_C402-C_S13.md)
- [N.H. Rev. Stat. § 402-C:14 402-C:14 Conduct of Hearings in Summary Proceedings.](https://www.frixlaw.com/law-library/statutes/STATE_NH_TXXXVII_C402-C_S14.md)

---

Source: Frix Law Library, https://www.frixlaw.com/law-library/statutes/STATE_NH_TXXXVII_C402-C_S10. Check the current official text before relying on it. Not legal advice.