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2017 New Hampshire Revised Statutes
Title XXXIV - PUBLIC UTILITIES
Chapter 367 - FORMATION AND UNION OF RAILROAD CORPORATIONS; LEASES AND EXTENSIONS
Section 367:40 - Hiring Money.
Universal Citation: NH Rev Stat § 367:40 (2017)
367:40 Hiring Money. –
A corporation may borrow money to settle with its dissenting stockholders; provided, that its indebtedness is not thereby increased beyond the limit authorized by law.
Source. PS 156:40. PL 246:38. RL 296:38.
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