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RSA 374:32 · Corporate Authorization
374:32 Corporate Authorization. – Except when the public utility is an excepted local exchange carrier, if such public utility, or the other party to any such transfer, lease, or contract, be a corporation and if the commission shall find that the public good so requires, such transfer, lease, or contract shall first be authorized by the vote of 2/3 of the shares of the capital stock of each of the interested corporations present and voting at meetings duly called to consider the subject; and all statutes regulating, protecting, and determining the rights of a dissenting stockholder of a railroad in the case of a lease or union with another railroad shall be applicable, and the rights of any stockholder of such corporation dissenting from such transfer, lease, or contract, if the same shall be authorized as above provided, shall be regulated, protected, and determined by such statutes. Source. 1915, 52:1. PL 240:30. RL 289:30. 1953, 176:1, eff. May 21, 1953. 2012, 177:13, eff. Aug. 10, 2012.
Copy linkSource note
Source. 1915, 52:1. PL 240:30. RL 289:30. 1953, 176:1, eff. May 21, 1953. 2012, 177:13, eff. Aug. 10, 2012.
Source history
- 1915, 52:1. PL 240:30. RL 289:30
- 1953, 176:1, eff. May 21, 1953
- 2012, 177:13, eff. Aug. 10, 2012
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amend · effective 2027-01-01
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2026 HB1745-FN
amend · effective 2027-01-01
ity costs to ratepayers. Be it Enacted by the Senate and House of Representatives in General Court convened: 1 New Section; Prohibited Cost Recovery Through Rates. Amend RSA 374 by inserting after section 2-a the following new section: 374:2-b Prohibited Cost Recovery Through Rates. I. No public utility shall recover through rates any costs associated with its attendance at, participation i
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amend · effective 2027-01-01
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2026 SB540-FN
amend · effective 2027-01-01
Each plug-in solar generation system shall be installed and operated in accordance with the state building code and manufacturer instructions. 4 New Section; Liability. Amend RSA 374 by inserting after section 1-a the following new section: 374:1-b Liability for Plug-In Solar Generation Systems. An electric distribution utility shall not be liable for damage, injury, or compensation or charges ari