There is a newer version of the New Hampshire Revised Statutes
2014 New Hampshire Revised Statutes
Title XXXVII - INSURANCE
Chapter 402-A - INSIDER TRADING OF SECURITIES
Section 402-A:3 - Prohibited Sales.
NH Rev Stat § 402-A:3 (2014) What's This?
402-A:3 Prohibited Sales. – It is unlawful for any such beneficial owner, director, or officer, directly or indirectly, to sell any equity security of such company if the person selling the security or his principal (a) does not own the security sold, or (b) if owning the security, does not deliver it against such sale within 20 days after the sale, or does not within 5 days after such sale deposit it in the mails or other usual channels of transportation. No person shall be deemed to have violated this section if he proves that notwithstanding the exercise of good faith he was unable to make such delivery or deposit within such time, or that to do so would cause undue inconvenience or expense.
Source. 1965, 131:1, eff. Aug. 1, 1965.
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