New Hampshire Statutes
§ 244:5 — Transfer of Interest
New Hampshire § 244:5
This text of New Hampshire § 244:5 (Transfer of Interest) is published on Counsel Stack Legal Research, covering New Hampshire primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Bluebook
N.H. Rev. Stat. Ann. § 244:5 (2026).
Text
Upon the election of new trustees, the interest of the former trustees shall be transferred to and vest in such new trustees; and the former trustees shall render and settle an account of their trust with such successors, and pay and transfer to them such mortgage estate and any balances in their hands; and, if a balance is due the retiring trustees, the assets of the trust shall be charged therewith.
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Legislative History
1858, 2100:3. GS 151:5. GL 165:5. PS 161:5. PL 252:5. RL 302:5. RSA 368:5. 2024, 33:2, eff. July 1, 2024. RSA 244:5.
Nearby Sections
10
§ 244:1
Creditors' Meeting§ 244:10
Neglect of Holding Company§ 244:2
Failure to Call Meeting§ 244:3
Report§ 244:4
Election of Trustees§ 244:5
Transfer of Interest§ 244:6
Liability of Trustees§ 244:7
Liability of Company§ 244:8
Power of Court§ 244:9
Duties of Holding CompaniesCite This Page — Counsel Stack
Bluebook (online)
New Hampshire § 244:5, Counsel Stack Legal Research, https://law.counselstack.com/statute/nh/244/244%3A5.