New Hampshire § 545-A-2 - Section 545-A:2 Insolvency.
Full text of New Hampshire New Hampshire Revised Statutes Annotated § 545-A-2 — Section 545-A:2 Insolvency., with citation guidance and answers to common questions.
§ 545-A-2. Section 545-A:2 Insolvency.
I. A debtor is insolvent if the sum of the debtor's debts is greater than all of the debtor's assets at a fair valuation. II. A debtor who is generally not paying his debts as they become due is presumed to be insolvent. III. A partnership is insolvent under paragraph I if the sum of the partnership's debts is greater than the aggregate, at a fair valuation, of all of the partnership's assets and the sum of the excess of the value of each general partner's nonpartnership assets over the partner's nonpartnership debts. IV. Assets under this section do not include property that has been transferred, concealed, or removed with intent to hinder, delay, or defraud creditors or that has been transferred in a manner making the transfer voidable under this chapter. V. Debts under this section do not include an obligation to the extent it is secured by a valid lien on property of the debtor not included as an asset.
Source: official New Hampshire text · Last verified 2026-08-27
Frequently Asked Questions About New Hampshire § 545-A-2
What does New Hampshire Revised Statutes Annotated § 545-A-2 cover?
Section 545-A-2 ("Section 545-A:2 Insolvency.") 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 § 545-A-2?
A common citation format is "New Hampshire Revised Statutes Annotated § 545-A-2" (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 § 545-A-2 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.