GroundRules
RSA 295:8: Taking Security.
Where this section sits in the code
- Title XXVII: CORPORATIONS, ASSOCIATIONS, AND PROPRIETORS OF COMMON LANDS
- Chapter 295: GENERAL POWERS OF CORPORATIONS
- Meetings, Bylaws, Reports, Etc.
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.
Collected 2026-09-05T14:52:06Z. Source file · JSON