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2018 New Hampshire Revised Statutes
Title XXVII - Corporations, Associations, and Proprietors of Common Lands
Chapter 293-A - New Hampshire Business Corporation Act
Section 293-A:6.22 - Liability of Shareholders.
Universal Citation: NH Rev Stat § 293-A:6.22 (2018)
293-A:6.22 Liability of Shareholders. –
(a) A purchaser from a corporation of its own shares is not liable to the corporation or its creditors with respect to the shares except to pay the consideration for which the shares were authorized to be issued (see RSA 293-A:6.21) or specified in the subscription agreement (see RSA 293-A:6.20).
(b) Unless otherwise provided in the articles of incorporation, a shareholder of a corporation is not personally liable for the acts or debts of the corporation except that he or she may become personally liable by reason of his or her own acts or conduct.
(a) A purchaser from a corporation of its own shares is not liable to the corporation or its creditors with respect to the shares except to pay the consideration for which the shares were authorized to be issued (see RSA 293-A:6.21) or specified in the subscription agreement (see RSA 293-A:6.20).
(b) Unless otherwise provided in the articles of incorporation, a shareholder of a corporation is not personally liable for the acts or debts of the corporation except that he or she may become personally liable by reason of his or her own acts or conduct.
Source. 2013, 142:1, eff. Jan. 1, 2014.
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