There is a newer version
of
this Section
2019 New Hampshire Revised Statutes
Title LVI - Probate Courts and Decedents' Estates
Chapter 564-F - New Hampshire Foundation Act
Section 564-F:21-2101 - Activities in This State.
Universal Citation: NH Rev Stat § 564-F:21-2101 (2019)
564-F:21-2101 Activities in This State. –
(a) A foreign foundation shall not engage in any registrable activity in this state until it registers with the secretary of state.
(b) A registrable activity includes any activity that, if conducted by a foreign corporation, would constitute the corporation's transacting business in this state.
(c) Activities that are not registrable activities include:
(1) Maintaining, defending, or settling any judicial proceeding;
(2) Holding meetings of the board of directors or carrying on other activities concerning the foundation's internal affairs;
(3) Maintaining one or more bank accounts;
(4) Creating or acquiring indebtedness, mortgages, and security interests in real or personal property;
(5) Securing or collecting debts or enforcing mortgages and security interests in property securing the debts;
(6) Without more, owning any real or personal property located in this state;
(7) Conducting an isolated transaction that:
(A) Is completed within 30 days; and
(B) Is not a single transaction in the course of repeated transactions of a like nature;
(8) Transacting any activity in interstate commerce; and
(9) Any activity that, if conducted by a foreign corporation, would not constitute the corporation's transacting business in this state.
(a) A foreign foundation shall not engage in any registrable activity in this state until it registers with the secretary of state.
(b) A registrable activity includes any activity that, if conducted by a foreign corporation, would constitute the corporation's transacting business in this state.
(c) Activities that are not registrable activities include:
(1) Maintaining, defending, or settling any judicial proceeding;
(2) Holding meetings of the board of directors or carrying on other activities concerning the foundation's internal affairs;
(3) Maintaining one or more bank accounts;
(4) Creating or acquiring indebtedness, mortgages, and security interests in real or personal property;
(5) Securing or collecting debts or enforcing mortgages and security interests in property securing the debts;
(6) Without more, owning any real or personal property located in this state;
(7) Conducting an isolated transaction that:
(A) Is completed within 30 days; and
(B) Is not a single transaction in the course of repeated transactions of a like nature;
(8) Transacting any activity in interstate commerce; and
(9) Any activity that, if conducted by a foreign corporation, would not constitute the corporation's transacting business in this state.
Source. 2017, 257:47, eff. Oct. 1, 2017.
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.
