RSA 35-A:15 Action Upon Default.

I. In the event that the bank shall default in the payment of principal of or interest on any issue of notes or bonds after the same shall become due, whether at maturity or upon call for redemption, and such default shall continue for a period of 30 days, or in the event that the bank shall fail or refuse to comply with the provisions of this chapter or shall default in any agreement made with the holders of any issue of notes or bonds, the holders of 25 percent in aggregate principal amount, or more, of the notes or bonds of such issue then outstanding, by instrument or instruments filed in the office of the secretary of state and executed and acknowledged in the same manner as a deed to be recorded, may, subject to agreement as contained in the resolution of the bank authorizing