Part 5 — Membership and Shares Division 1 Membership
79 Liability of mortgages
described in the register as being represented by him or her is
personally subject to any liability in respect of those shares or
interest, but the mortgagor continues to be liable as if the
mortgagor were entered in the register as the member holding the
share or other interest.
RSA 1980 cC-20 s79