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RSA 294-A:6 · Right of Corporation to Acquire its own Shares
294-A:6 Right of Corporation to Acquire its own Shares. – A professional corporation may purchase its own shares from a disqualified person without regard to the availability of capital or surplus for the purchase. However, no purchase of or payment for its own shares shall be made at a time when the corporation is insolvent or when the purchase or payment would make it insolvent. Source. 1981, 236:1, eff. Feb. 1, 1982.
Source note
Source. 1981, 236:1, eff. Feb. 1, 1982.
Source history
- 1981, 236:1, eff. Feb. 1, 1982
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