N.H. Rev. Stat. § 295:8

Current through the 2024 Legislative Session
Section 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.

RSA 295:8

GS 133:7. GL 147:7. PS 148:9. PL 226 :8. RL 275:8.