US Lawyer Database

Section 395:28 – Sharing Assets.

    395:28 Sharing Assets. – If the bank shall realize from the assets a greater sum than was so fixed upon the court shall order such excess to be equitably divided among the depositors whose accounts have been reduced, but to the extent of such reduction only. Source. 1911, 68:16. PL 268:27. RL 316:28.

Section 395:10-b – Emergency Waiver.

    395:10-b Emergency Waiver. – The bank commissioner, upon the appointment of a federal agency as receiving or liquidating agent pursuant to RSA 395:10-a, shall have authority to issue an order waiving or suspending all laws, rules, practices and policies with respect to the authorization to commence or continue banking operations in the state of […]

Section 395:12 – Agent’s Compensation, Etc.

    395:12 Agent’s Compensation, Etc. – The compensation of any agents, counsel, employees and assistants, and all expenses of supervision and liquidation, shall be fixed by the commissioner, subject to the approval of the court, and on notice to such institution, and upon the certificate of the commissioner, shall be paid out of the funds […]

Section 395:13 – Notice.

    395:13 Notice. – The commissioner shall cause to be published weekly for 3 consecutive months, in such newspapers as he may direct, a notice calling on all persons who may have claims against such institution to present the same to the commissioner and to make legal proof thereof at a place and time not […]

Section 395:14 – Rejection.

    395:14 Rejection. – If the commissioner doubts the justice and validity of any claim he may reject the same and serve notice of such rejection upon the claimant either by mail or in person. An affidavit of service of such notice, which shall be prima facie evidence thereof, shall be filed with the commissioner. […]

Section 395:15 – Suit.

    395:15 Suit. – An action upon the claim so rejected shall not be entertained unless brought within 6 months after such service. Source. 1911, 68:8. PL 268:15. RL 316:15.

Section 395:16 – Delayed Claims.

    395:16 Delayed Claims. – Claims presented after the expiration of the time specified in the notice to creditors shall be entitled to share in the distribution only to the extent of the assets in the hands of the commissioner equitably applicable thereto. Source. 1911, 68:8. PL 268:16. RL 316:16.

Section 395:17 – Reports on Claims.

    395:17 Reports on Claims. – Upon the expiration of the time fixed for the presentation of claims, the commissioner shall make in duplicate a full and complete list of the claims presented, including and specifying such claims as have been rejected by him. One of the said lists shall be filed in the office […]

Section 395:18 – Additional List.

    395:18 Additional List. – Thereafter the commissioner shall make and file in said offices, at least 15 days before every application to the court for leave to declare a dividend, a supplementary list of the claims presented since the last preceding list was filed, including and specifying such claims as have been rejected by […]