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RSA 292:9 · Procedure

Title: XXVII: CORPORATIONS, ASSOCIATIONS, AND PROPRIETORS OF COMMON LANDS
Chapter: 292 · VOLUNTARY CORPORATIONS AND ASSOCIATIONS
Status: current
Official source linked: Yes

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292:9 Procedure. –

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Any such corporation, or 1/4 of the members thereof, may apply by petition to the superior court, or in the case of a charitable corporation to the superior court or the probate court, in the county in which the corporation is located, for a decree of dissolution, or for such other relief as may be just; and the court, after due notice to all parties interested and a hearing, may decree that the corporation be dissolved, subject to such limitations and conditions as justice may require. The attorney general shall be notified and given an opportunity to be heard in all cases involving charitable corporations.

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II.

The court shall have the right to appoint a guardian ad litem in the event that any members or shareholders, or both, are unknown or have abandoned a stock interest or membership interest in the corporation. The guardian ad litem shall file a report with the court setting forth its findings with respect to: the attempt to notify the unknown shareholders or members or both; any response from the unknown shareholders or members or both; and the length of time since the date of last contact by the unknown shareholder or member with the corporation.

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III.

The court shall have the discretion, after reviewing the report of the guardian ad litem, to conclude the extent of the rights and interests of the shareholders or members, or both, who are unknown or have abandoned their interests.

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IV.

No member or shareholder shall be entitled to receive an amount from a dissolution of assets greater than the member's or shareholder's total contribution to capital or purchase price, or both, of membership certificates. Any and all funds which may be payable to members or shareholders, or both, who have been adjudicated to have abandoned their interests under this section shall revert to the corporation as capital assets. Source. 1887, 72:1. 1891, 46:1. PS 147:10. PL 223:9. RL 272:8. RSA 292:9. 1991, 261:9. 1992, 284:5, eff. Jan. 1, 1993.

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Source note

Source. 1887, 72:1. 1891, 46:1. PS 147:10. PL 223:9. RL 272:8. RSA 292:9. 1991, 261:9. 1992, 284:5, eff. Jan. 1, 1993.

Source history

1887, 72:1
1891, 46:1. PS 147:10. PL 223:9. RL 272:8. RSA 292:9
1991, 261:9
1992, 284:5, eff. Jan. 1, 1993

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association shall be comprised of all assessable entities. II. The New Hampshire children's behavioral health association shall be a not-for-profit, voluntary corporation under RSA 292 and shall possess all general powers of a not-for-profit corporation. III. The board of directors shall include: (a) Three representatives selected from the assessable entities currently writing, maintaining, or adm
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by this subdivision shall be deemed and held to be the performance of public and essential governmental functions. The authority shall be a nonprofit corporation organized under RSA 292. II. The authority shall be governed by a board of directors composed of 11 members. A chairperson shall be elected from among the members. III. Board members shall be as follows: (a) One member of the sena
2026 HB1415-FN reference
by this subdivision shall be deemed and held to be the performance of public and essential governmental functions. The authority shall be a nonprofit corporation organized under RSA 292. II. The authority shall be governed by a board of directors composed of 11 members. A chairperson shall be elected from among the members. III. Board members shall be as follows: (a) One member of the sena
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slature shall be deemed and held to be the performance of public and essential governmental functions of the state. The authority shall be a nonprofit corporation organized under RSA 292. 362-J:4 Board of Directors; Organization. The authority shall be governed by a board of 10 directors. I. The 10 directors shall include: (a) The commissioner of the department of energy or designee. (b
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slature shall be deemed and held to be the performance of public and essential governmental functions of the state. The authority shall be a nonprofit corporation organized under RSA 292. 362-J:4 Board of Directors; Organization. The authority shall be governed by a board of 10 directors. I. The 10 directors shall include: (a) The commissioner of the department of energy or designee. (b
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by this subdivision shall be deemed and held to be the performance of public and essential governmental functions. The authority shall be a nonprofit corporation organized under RSA 292. II. The authority shall be governed by a board of directors composed of 22 members. Voting members shall not appoint designees to act in their places. A chairperson shall be elected from among the members. III
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by this subdivision shall be deemed and held to be the performance of public and essential governmental functions. The authority shall be a nonprofit corporation organized under RSA 292. II. The authority shall be governed by a board of directors composed of 22 members. Voting members shall not appoint designees to act in their places. A chairperson shall be elected from among the members. III
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business corporation organized under RSA 293-A, a domestic limited liability company organized under RSA 304-C, or a not-for-profit [entity] voluntary corporation organized under RSA 292 that is registered under RSA 126-X:7 and that acquires, possesses, cultivates, manufactures, delivers, transfers, transports, sells, supplies, and dispenses cannabis, and related supplies and educational materials, to q
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business corporation organized under RSA 293-A, a domestic limited liability company organized under RSA 304-C, or a not-for-profit [entity] voluntary corporation organized under RSA 292 that is registered under RSA 126-X:7 and that acquires, possesses, cultivates, manufactures, delivers, transfers, transports, sells, supplies, and dispenses cannabis, and related supplies and educational materials, to q