New Hampshire Statutes
§ 244:7 — Liability of Company
In case of such damage, the company assigning or mortgaging the railroad shall be liable; and the assets in the hands of the trustees shall be held for such damage as part of the expenses of the trust, in preference to the claims of the general creditors of the company.
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Legislative History
1858, 2100:5. GS 151:7. GL 165:7. PS 161:7. PL 252:7. RL 302:7. RSA 368:7. 2024, 33:2, eff. July 1, 2024. RSA 244:7.
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 Companies