§431:4-424 - Subscriber's share of assets.
§431:4-424 Subscriber's share of assets. Upon the liquidation of a domestic reciprocal insurer, its assets remainingafter discharge of its indebtedness and policy obligations, the return of anycontributions to its surplus made as provided in section 431:4-422, and thereturn of any unused deposits, savings, or credits, shall be distributed to itssubscribers who were such within the twelve months prior to such formula as mayhave been approved by the commissioner. [L 1987, c 347, pt of §2]