TITLE XXXV
BANKS AND BANKING; LOAN ASSOCIATIONS; CREDIT UNIONS

CHAPTER 395
LIQUIDATION UNDER SUPERVISION OF THE BANK COMMISSIONER

Allowance and Payment of Claims

Section 395:21

    395:21 Objections to Claims. – Objections to any claim not rejected by the commissioner may be made by any person interested by filing a copy of such objections with the commissioner, who shall present the same to the court at the time of the next application for permission to declare a dividend. The court to which such application is made shall thereupon notify the claimant and determine the validity of the claim. No dividend thereon shall be paid by the commissioner until the claimant shall have established his claim by judgment of the court.

Source. 1911, 68:11. PL 268:20. RL 316:21.