408:33 Deposit of Securities. – Any company organized under the laws of this state, which has been authorized by the commissioner to issue variable products, shall deposit all securities representing the assets of a segregated fund for a variable product account, and all uninvested cash of such a fund, with a custodian which shall be a bank or trust company, either within or without the state of New Hampshire, approved by the commissioner. Source. 2022, 144:1, eff. Jan. 1, 2023.
New Hampshire Legal Code