RSA 411:14 · Collection of Interest

411:14 Collection of Interest. – The commissioner shall permit companies, having on deposit with him stocks or bonds as security, to collect the dividends or interest accruing on such deposits, delivering to their authorized agents, respectively, the coupons or other evidences of interest as the same become due; but upon default by any company to deposit additional security as called for by the commissioner, or pending any proceedings to close up or enjoin it, the commissioner shall collect the dividends and interest as they become due and add the same to the securities in his hands belonging to such company. Source. 1913, 42:13. PL 278:14. RL 328:14. Investments Section 411:15 to 411:19 411:15 to 411:19 Repealed by 1978, 11:7, eff. July 1, 1978. – Winding Up Companies Section 411:20 to 411:27 411:20 to 411:27 Repealed by 1969, 272:3, eff. June 23, 1969. – Miscellaneous Provisions

Copy link