New Hampshire Statutes

§ 395:27 — By Commissioner

New Hampshire § 395:27
JurisdictionNew Hampshire
Title XXXVBANKS AND BANKING; LOAN ASSOCIATIONS; CREDIT UNIONS
Ch. 395LIQUIDATION UNDER SUPERVISION OF THE BANK COMMISSIONER
SubdivisionReduction of Deposits

This text of New Hampshire § 395:27 (By Commissioner) 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. § 395:27 (2026).

Text

Whenever it appears to the commissioner advisable, or upon the petition of the trustees or directors of the institution, he may, with the approval of a justice of the superior court, reduce pro rata the deposit account of each depositor therein, whenever the value of its assets is less than the total amount of its deposits.

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Legislative History

1911, 68:16. PL 268:26. RL 316:27.

Nearby Sections

15
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Bluebook (online)
New Hampshire § 395:27, Counsel Stack Legal Research, https://law.counselstack.com/statute/nh/395/395%3A27.