TITLE XXXVII
INSURANCE

CHAPTER 405-C
MULTIPLE-CAREGIVER SELF-INSURED RISK COVERAGE ARRANGEMENTS

Section 405-C:16


[RSA 405-C:16 effective July 1, 2027.]
    405-C:16 Penalties. –
I. Subject to other provisions in this chapter, any arrangement that fails to obtain and maintain a valid approval from the commissioner while operating or maintaining a multiple-caregiver self-insured risk coverage arrangement shall be subject to a fine of not less than $5,000 or more than $50,000 for each violation.
II. The commissioner may issue a cease and desist order if they find any person operating or maintaining an arrangement without a currently effective certificate of approval.

Source. 2026, 273:1, eff. July 1, 2027.