New Hampshire § 402-C-43 - Section 402-C:43 Secured Creditors' Claims.
Full text of New Hampshire New Hampshire Revised Statutes Annotated § 402-C-43 — Section 402-C:43 Secured Creditors' Claims., with citation guidance and answers to common questions.
§ 402-C-43. Section 402-C:43 Secured Creditors' Claims.
I. The value of any security held by a secured creditor shall be determined in one of the following ways, as the court directs: (a) By converting the same into money according to the terms of the agreement pursuant to which the security was delivered to such creditor; (b) By agreement, arbitration, compromise or litigation between the creditor and the liquidator. II. The determination shall be under the supervision and control of the court. The amount so determined shall be credited upon the secured claim, and any deficiency shall be treated as an unsecured claim. If the claimant surrenders his security to the liquidator, the entire claim shall be allowed as if unsecured.
Source: official New Hampshire text · Last verified 2026-08-27
Frequently Asked Questions About New Hampshire § 402-C-43
What does New Hampshire Revised Statutes Annotated § 402-C-43 cover?
Section 402-C-43 ("Section 402-C:43 Secured Creditors' Claims.") is part of the New Hampshire Revised Statutes Annotated, the codified statutory law of New Hampshire. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite New Hampshire § 402-C-43?
A common citation format is "New Hampshire Revised Statutes Annotated § 402-C-43" (New Hampshire). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of New Hampshire law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the New Hampshire official source linked on this page or consult a licensed New Hampshire attorney.
How does New Hampshire § 402-C-43 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in New Hampshire can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in New Hampshire.