§431:3-220  Revival.  An insurer whose
certificate of authority has been suspended, revoked, or refused may
subsequently be authorized if:



(1)  The grounds for the suspension, revocation, or
refusal no longer exist and the insurer is otherwise fully qualified; and



(2)  The insurer has reimbursed the commissioner for
all reasonable and necessary expenses incurred by virtue of the suspension,
revocation, or reinstatement of the certificate of authority. [L 1987, c 347,
pt of §2]