§431:4-125  Fees on use of funds.  (a) 
No director, officer or employee having any authority in the investment or
disposition of the funds of a domestic insurer shall accept, except on behalf
of the insurer, or be the beneficiary of any fee, brokerage, gift, or other
emolument because of any investment, loan, deposit, purchase, sale, payment, or
exchange made by or for the insurer.



(b)  The commissioner may adopt rules to define
and permit additional exceptions to the prohibition in subsection (a), solely
to enable payment of reasonable compensation to a director who is not otherwise
an officer or employee of the insurer, for necessary services performed or
sales or purchases made to or for the insurer in the ordinary course of the
insurer's business and in the usual private professional or business capacity
of such director. [L 1987, c 347, pt of §2; am L 2004, c 122, §14]