TITLE XXXV
BANKS AND BANKING; LOAN ASSOCIATIONS; CREDIT UNIONS

CHAPTER 395
LIQUIDATION UNDER SUPERVISION OF THE BANK COMMISSIONER

Allowance and Payment of Claims

Section 395:20

    395:20 Payment of. – In the absence of an express written agreement to the contrary, any person paying to the depositor of a bank closed or in liquidation under this chapter or in any manner, a part or the whole of his deposit therein shall be subrogated to the rights of such depositor to receive dividends on account of the amount so paid.

Source. 1937, 103:7. RL 316:20.