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RSA 395:20 · Payment of

Title: BANKS AND BANKING; LOAN ASSOCIATIONS; CREDIT UNIONS
Chapter: 395 · LIQUIDATION UNDER SUPERVISION OF THE BANK COMMISSIONER
Status: current
Official source linked: Yes

Official source

395:20 Payment of. –
In the absence of an express written agreement to the contrary, any person paying to the depositor of a bank closed or in liquidation under this chapter or in any manner, a part or the whole of his deposit therein shall be subrogated to the rights of such depositor to receive dividends on account of the amount so paid.
Source. 1937, 103:7. RL 316:20.

Source note

Source. 1937, 103:7. RL 316:20.

Source history

1937, 103:7. RL 316:20