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2018 New Hampshire Revised Statutes
Title XXVII - Corporations, Associations, and Proprietors of Common Lands
Chapter 299 - Corporate Mortgages and Reorganization After Foreclosure
Section 299:7 - Powers.
Universal Citation: NH Rev Stat § 299:7 (2018)
299:7 Powers. It may use the old corporate name, or adopt a new one, by which it shall thereafter be known; may issue capital stock, as the directors may determine, in an amount not exceeding the purchase price at the foreclosure sale; shall file a certificate with the secretary of state, signed by its treasurer and a majority of its directors, setting forth the sale under foreclosure proceedings, the amount of capital as fixed at the first meeting and the corporate name adopted.
Source. 1895, 52:2. PL 230:7. RL 279:7.
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