Section 385:5 Disposition of Proceeds. - New Hampshire Statutes

From the proceeds of said sale the corporation shall deduct all its charges for rental up to the time of opening said box or safe, the cost of opening, further cost of safekeeping all its contents and any costs of said public auction, public sale, or nationally recognized internet auction and shall hold the net cash proceeds from such public auction, public sale, or internet auction, subject to the provisions of RSA 471-C. The corporation shall maintain a statement of all charges deducted from the proceeds of said public auction, public sale, or nationally recognized internet auction which shall be signed by an officer of said corporation and verified before a notary public or justice of the peace.

Source. 1961, 204:1. 1965, 214:5. 1988, 256:5. 2003, 85:2, eff. July 29, 2003.