There is a newer version of the New Hampshire Revised Statutes
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:6.31 - Corporation's Acquisition of Its Own Shares.
NH Rev Stat § 293-A:6.31 (2014) What's This?
293-A:6.31 Corporation's Acquisition of Its Own Shares. – (a) A corporation may acquire its own shares, and shares so acquired constitute authorized but unissued shares.
(b) If the articles of incorporation prohibit the reissue of the acquired shares, the number of authorized shares is reduced by the number of shares acquired.
Source. 2013, 142:1, eff. Jan. 1, 2014.
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