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.