TITLE XXXVII
INSURANCE

CHAPTER 416
SURETY COMPANIES

Section 416:4

    416:4 Estoppel of Surety. – Any company which shall execute a bond as surety under the provisions of this chapter shall be estopped to deny its corporate power to execute the instrument or to assume the liability.

Source. 1885, 48:3. PS 172:5. PL 282:5. RL 332:5.