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2018 New Hampshire Revised Statutes
Title XXVII - Corporations, Associations, and Proprietors of Common Lands
Chapter 295 - General Powers of Corporations
Section 295:8 - Taking Security.
Universal Citation:
NH Rev Stat § 295:8 (2018)
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295:8 Taking Security. –
They may take mortgages or pledges or make attachments of any property to secure the payment of debts due to them, and may perfect a title thereto by proper legal proceedings; but they shall sell or dispose of any property so obtained, which they are not authorized to hold, within 5 years after the title is perfected.
Source. GS 133:7. GL 147:7. PS 148:9. PL 226:8. RL 275:8.
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