New Hampshire Revised Statutes 512:40 – Bond
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Terms Used In New Hampshire Revised Statutes 512:40
- Attachment: A procedure by which a person's property is seized to pay judgments levied by the court.
- Defendant: In a civil suit, the person complained against; in a criminal case, the person accused of the crime.
- petitioner: shall mean plaintiff. See New Hampshire Revised Statutes 21:51
- Plaintiff: The person who files the complaint in a civil lawsuit.
- Trustee: A person or institution holding and administering property in trust.
A defendant whose rights, credits or other things are attached upon trustee process may apply to the court for a release of the attachment. The court, after reasonable notice to the parties, may order the petitioner to give to the plaintiff a sufficient bond, conditioned to pay the plaintiff within 30 days after judgment any sum and the value of any specific articles with which the trustee is chargeable, not exceeding the amount of the plaintiff’s judgment. The giving of such bond shall operate as a release of the attachment. The value of such specific articles shall be estimated by the court, or under its direction.