New Hampshire Revised Statutes 569:2 – Not Valid as Against Unpaid Taxes
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Terms Used In New Hampshire Revised Statutes 569:2
- Common law: The legal system that originated in England and is now in use in the United States. It is based on judicial decisions rather than legislative action.
- Personal property: All property that is not real property.
No common law assignment of personal property, whether recorded or not, shall be valid to transfer to the assignee the title of the assignor therein as against any unpaid taxes assessed thereon prior to the date of said assignment. Any such unpaid taxes shall be a preferred claim as against other creditors.