# N.H. Rev. Stat. § 402:1: 402:1 Members' Liability

> New Hampshire · Statutes · In force

URL: https://www.frixlaw.com/law-library/statutes/STATE_NH_TXXXVII_C402_S1

## Section

- **Citation:** N.H. Rev. Stat. § 402:1
- **Heading:** 402:1 Members' Liability
- **Jurisdiction:** New Hampshire
- **Kind:** Statutes
- **Status:** In force
- **Text as of:** August 14, 2026
- **Source:** Compiled text
- **Location:** NH Code / Title XXXVII / Chapter 402 / Section 1

## Text

Members of mutual insurance companies shall not be individually liable to pay any debts of their respective companies, beyond their liability to assessments for losses occurring therein, nor to such assessments beyond the amount of their deposit notes.

## Nearby sections

- [N.H. Rev. Stat. § 402:1 402:1 Members' Liability.](https://www.frixlaw.com/law-library/statutes/STATE_NH_TXXXVII_C402_S1.md)
- [N.H. Rev. Stat. § 402:2 402:2 Contingent Liability.](https://www.frixlaw.com/law-library/statutes/STATE_NH_TXXXVII_C402_S2.md)
- [N.H. Rev. Stat. § 402:3 402:3 Assessment.](https://www.frixlaw.com/law-library/statutes/STATE_NH_TXXXVII_C402_S3.md)
- [N.H. Rev. Stat. § 402:4 402:4 Assessments on Closing Business.](https://www.frixlaw.com/law-library/statutes/STATE_NH_TXXXVII_C402_S4.md)
- [N.H. Rev. Stat. § 402:5 402:5 Territory.](https://www.frixlaw.com/law-library/statutes/STATE_NH_TXXXVII_C402_S5.md)
- [N.H. Rev. Stat. § 402:6 402:6 Duties of Treasurer.](https://www.frixlaw.com/law-library/statutes/STATE_NH_TXXXVII_C402_S6.md)
- [N.H. Rev. Stat. § 402:7 402:7 Terminating Risks.](https://www.frixlaw.com/law-library/statutes/STATE_NH_TXXXVII_C402_S7.md)
- [N.H. Rev. Stat. § 402:8 402:8 Dividends.](https://www.frixlaw.com/law-library/statutes/STATE_NH_TXXXVII_C402_S8.md)
- [N.H. Rev. Stat. § 402:9 402:9 Dividend Notice to Policyholders.](https://www.frixlaw.com/law-library/statutes/STATE_NH_TXXXVII_C402_S9.md)
- [N.H. Rev. Stat. § 402:10 402:10 Requirement.](https://www.frixlaw.com/law-library/statutes/STATE_NH_TXXXVII_C402_S10.md)
- [N.H. Rev. Stat. § 402:11 402:11 Information.](https://www.frixlaw.com/law-library/statutes/STATE_NH_TXXXVII_C402_S11.md)
- [N.H. Rev. Stat. § 402:11-a 402:11-a Prohibitions.](https://www.frixlaw.com/law-library/statutes/STATE_NH_TXXXVII_C402_S11-a.md)
- [N.H. Rev. Stat. § 402:12 402:12 Licenses.](https://www.frixlaw.com/law-library/statutes/STATE_NH_TXXXVII_C402_S12.md)
- [N.H. Rev. Stat. § 402:13 402:13 Stock Companies.](https://www.frixlaw.com/law-library/statutes/STATE_NH_TXXXVII_C402_S13.md)

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Source: Frix Law Library, https://www.frixlaw.com/law-library/statutes/STATE_NH_TXXXVII_C402_S1. Check the current official text before relying on it. Not legal advice.