Section 393:19 Applications for Mortgage Loans.

No mortgage loan shall be made except upon written application showing the date, name of applicant, amount asked for and security offered, and upon report of not less than 2 members of the board of directors or an appraiser appointed by the board who shall certify on said application or appraisal form, according to their best judgment, the value of the premises to be mortgaged; and such application or appraisal form shall be filed and preserved with all other papers relating to the loan.

Source. 1941, 25:1. RL 314:14. RSA 393:19. 1977, 108:1, eff. July 30, 1977.