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Terms Used In New Hampshire Revised Statutes 31:108

  • Attachment: A procedure by which a person's property is seized to pay judgments levied by the court.
  • Indemnification: In general, a collateral contract or assurance under which one person agrees to secure another person against either anticipated financial losses or potential adverse legal consequences. Source: FDIC
  • Trustee: A person or institution holding and administering property in trust.
No attachment or trustee process shall be available or allowed where immunity has been granted pursuant to N.H. Rev. Stat. § 31:104 or where indemnification has been voted pursuant to N.H. Rev. Stat. § 31:105 or where indemnification is required pursuant to N.H. Rev. Stat. § 31:106.