2014 New Hampshire Revised Statutes
Title XXVII - CORPORATIONS, ASSOCIATIONS, AND PROPRIETORS OF CMOMMON LANDS
Chapter 293-A - NEW HAMPSHIRE BUSINESS CORPORATION ACT
Section 293-A:15.01 - Authority to Transact Business Required.

NH Rev Stat § 293-A:15.01 (2014) What's This?

    293-A:15.01 Authority to Transact Business Required. – (a) A foreign corporation may not transact business in this state until it obtains a certificate of authority from the secretary of state.
    (b) The following activities, among others, do not constitute transacting business within the meaning of RSA 293-A:15.01(a):
       (1) maintaining, defending, or settling any proceeding;
       (2) holding meetings of the board of directors or shareholders or carrying on other activities concerning internal corporate affairs;
       (3) maintaining bank accounts;
       (4) maintaining offices or agencies for the transfer, exchange, and registration of the corporation's own securities or maintaining trustees or depositaries with respect to those securities;
       (5) selling through independent contractors;
       (6) soliciting or obtaining orders, whether by mail or through employees or agents or otherwise, if the orders require acceptance outside this state before they become contracts;
       (7) creating or acquiring indebtedness, mortgages, and security interests in real or personal property;
       (8) securing or collecting debts or enforcing mortgages and security interests in property securing the debts;
       (9) owning, without more, real or personal property;
       (10) conducting an isolated transaction that is completed within 30 days and that is not one in the course of repeated transactions of a like nature; or
       (11) transacting business in interstate commerce.
    (c) The list of activities in RSA 293-A:15.01(b) is not exhaustive.
    (d) Nothing in this section shall be construed so as to preclude a determination that a foreign corporation is carrying on business activity within this state within the meaning of RSA 77-A:1, XII.
    (e) Any so-called Massachusetts trust or business trust established by law of any other state, desiring to do business in this state, shall be deemed to be a foreign corporation and shall be required to register under and comply with the provisions of this subdivision.

Source. 2013, 142:1, eff. Jan. 1, 2014.


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