There is a newer version
of
this Section
2018 New Hampshire Revised Statutes
Title XXVII - Corporations, Associations, and Proprietors of Common Lands
Chapter 296 - Dividend-Paying Corporations
Section 296:20 - Neglect to Pay.
Universal Citation: NH Rev Stat § 296:20 (2018)
296:20 Neglect to Pay. –
If an owner of shares, being present, either in person or by proxy, at the meeting when any assessment is voted, or being notified thereof by the treasurer or cashier by letter, shall neglect to pay the sum so assessed on his shares for 30 days after the time appointed for the payment thereof, the treasurer or cashier may sell at auction a sufficient number of his shares to pay all assessments then due from him, with necessary charges.
Source. RS 141:12. CS 149:12. GS 134:16. GL 148:16. PS 149:17. PL 227:20. RL 276:20.
Disclaimer: These codes may not be the most recent version. New Hampshire may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
This site is protected by reCAPTCHA and the Google
Privacy Policy and
Terms of Service apply.
