New Hampshire Revised Statutes 568:38 – Excepted Claims
Current as of: 2023 | Check for updates
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I. Taxes and debts created by the debtor’s fraud, embezzlement or defalcation while acting as a public officer or in any fiduciary capacity shall not be discharged.
II. Loan repayments due from loans made in accordance with the provisions of N.H. Rev. Stat. Chapter 200-I to a medical or veterinary student shall not be eligible to be discharged if less than 10 years have passed since the first loan repayment was due.
II. Loan repayments due from loans made in accordance with the provisions of N.H. Rev. Stat. Chapter 200-I to a medical or veterinary student shall not be eligible to be discharged if less than 10 years have passed since the first loan repayment was due.
Terms Used In New Hampshire Revised Statutes 568:38
- Embezzlement: In most states, embezzlement is defined as theft/larceny of assets (money or property) by a person in a position of trust or responsibility over those assets. Embezzlement typically occurs in the employment and corporate settings. Source: OCC
- Fiduciary: A trustee, executor, or administrator.
- Fraud: Intentional deception resulting in injury to another.