Section 557:15 Valuation of Security. - New Hampshire Statutes

If a creditor holds collateral security for his debt of less value than the debt the commissioner shall estimate the value of the security, and shall allow the creditor only the difference between such value and his debt, and shall return with his report, and give to the creditor, on request, a certificate of such estimate.

Source. RS 162:10. CS 171:10. GS 180:10. GL 199:10. PS 192:11. PL 303:15. RL 356:15.