111 Rights of transferee
mortgage or other instrument and to recover any debt, sum of
money, annuity of damage under it, and all interest at the time of
the transfer in the debt, sum of money, annuity or damages, are
transferred so as to vest them in law in the transferee of them.
(2) Nothing contained in this Act prevents the court from giving
effect to any trust affecting the debt, sum of money, annuity or
damages in case the transferee holds it as trustee for any other
person.
RSA 1980 cL-5 s112