New Hampshire Revised Statutes
Title 293-A - New Hampshire Business Corporation Act
Section 293-A:12.01 - Disposition of Assets Not Requiring Shareholder Approval.

Source. 2013, 142:1, eff. Jan. 1, 2014.

Structure New Hampshire Revised Statutes

New Hampshire Revised Statutes

Title XXVII - Corporations, Associations, and Proprietors of Common Lands

Title 293-A - New Hampshire Business Corporation Act

Section 293-A:1.01 - Short Title.

Section 293-A:1.02 - Reservation of Power to Amend or Repeal.

Section 293-A:1.20 - Requirements for Documents; Extrinsic Facts.

Section 293-A:1.21 - Forms.

Section 293-A:1.21-a - Online Filing.

Section 293-A:1.22 - Filing, Service, and Copying Fees.

Section 293-A:1.23 - Effective Time and Date of Document.

Section 293-A:1.24 - Correcting Filed Document.

Section 293-A:1.25 - Filing Duty of Secretary of State.

Section 293-A:1.26 - Appeal From Secretary of State's Refusal to File Document.

Section 293-A:1.27 - Evidentiary Effect of Copy of Filed Document.

Section 293-A:1.28 - Certificate of Existence.

Section 293-A:1.29 - Penalty for Signing False Document.

Section 293-A:1.30 - Powers.

Section 293-A:1.35 - Assessment and Collection of Annual Fees.

Section 293-A:1.36 - Penalties Imposed.

Section 293-A:1.37 - Administration.

Section 293-A:1.38 - Interrogatories by Secretary of State, Penalties.

Section 293-A:1.40 - Act Definitions.

Section 293-A:1.41 - Notices and Other Communications.

Section 293-A:1.42 - Number of Shareholders.

Section 293-A:1.43 - Qualified Director.

Section 293-A:1.44 - Householding.

Section 293-A:2.01 - Incorporators.

Section 293-A:2.02 - Articles of Incorporation.

Section 293-A:2.03 - Incorporation.

Section 293-A:2.04 - Liability for Preincorporation Transactions.

Section 293-A:2.05 - Organization of Corporation.

Section 293-A:2.06 - Bylaws.

Section 293-A:2.07 - Emergency Bylaws.

Section 293-A:3.01 - Purposes.

Section 293-A:3.02 - General Powers.

Section 293-A:3.03 - Emergency Powers.

Section 293-A:3.04 - Ultra Vires.

Section 293-A:3.05 - Trust Powers.

Section 293-A:4.01 - Corporate Name.

Section 293-A:4.02 - Reserved Name.

Section 293-A:4.03 - Registered Name.

Section 293-A:5.01 - Registered Office and Registered Agent.

Section 293-A:5.02 - Change of Registered Office or Registered Agent.

Section 293-A:5.03 - Resignation of Registered Agent.

Section 293-A:5.04 - Service on Corporation.

Section 293-A:6.01 - Authorized Shares.

Section 293-A:6.02 - Terms of Class or Series Determined by Board of Directors.

Section 293-A:6.03 - Issued and Outstanding Shares.

Section 293-A:6.04 - Fractional Shares.

Section 293-A:6.20 - Subscription for Shares Before Incorporation.

Section 293-A:6.21 - Issuance of Shares.

Section 293-A:6.22 - Liability of Shareholders.

Section 293-A:6.23 - Share Dividends.

Section 293-A:6.24 - Share Options.

Section 293-A:6.25 - Form and Content of Certificates.

Section 293-A:6.26 - Shares Without Certificates.

Section 293-A:6.27 - Restriction on Transfer of Shares and Other Securities.

Section 293-A:6.28 - Expense of Issue.

Section 293-A:6.30 - Shareholders' Preemptive Rights.

Section 293-A:6.31 - Corporation's Acquisition of Its Own Shares.

Section 293-A:6.40 - Distributions to Shareholders.

Section 293-A:7.01 - Annual Meeting.

Section 293-A:7.02 - Special Meeting.

Section 293-A:7.03 - Court-Ordered Meeting.

Section 293-A:7.04 - Action Without Meeting.

Section 293-A:7.05 - Notice of Meeting.

Section 293-A:7.06 - Waiver of Notice.

Section 293-A:7.07 - Record Date.

Section 293-A:7.08 - Conduct of the Meeting.

Section 293-A:7.09 - Remote Participation in Annual and Special Meetings.

Section 293-A:7.20 - Shareholders' List for Meeting.

Section 293-A:7.21 - Voting Entitlement of Shares.

Section 293-A:7.22 - Proxies.

Section 293-A:7.23 - Shares Held by Nominees.

Section 293-A:7.24 - Corporation's Acceptance of Votes.

Section 293-A:7.25 - Quorum and Voting Requirements for Voting Groups.

Section 293-A:7.26 - Action by Single and Multiple Voting Groups.

Section 293-A:7.27 - Greater Quorum or Voting Requirements.

Section 293-A:7.28 - Voting for Directors; Cumulative Voting.

Section 293-A:7.30 - Voting Trusts.

Section 293-A:7.31 - Voting Agreements.

Section 293-A:7.32 - Shareholder Agreements.

Section 293-A:7.40 - Definitions.

Section 293-A:7.41 - Standing.

Section 293-A:7.42 - Demand.

Section 293-A:7.43 - Stay of Proceedings.

Section 293-A:7.44 - Dismissal.

Section 293-A:7.45 - Discontinuance or Settlement.

Section 293-A:7.46 - Payment of Expenses.

Section 293-A:7.47 - Applicability to Foreign Corporations.

Section 293-A:7.48 - Shareholder Action to Appoint Custodian or Receiver.

Section 293-A:8.01 - Requirement for and Functions of Board of Directors.

Section 293-A:8.02 - Qualifications of Directors.

Section 293-A:8.03 - Number and Election of Directors.

Section 293-A:8.04 - Election of Directors by Certain Classes of Shareholders.

Section 293-A:8.05 - Terms of Directors Generally.

Section 293-A:8.06 - Staggered Terms for Directors.

Section 293-A:8.07 - Resignation of Directors.

Section 293-A:8.08 - Removal of Directors by Shareholders.

Section 293-A:8.09 - Removal of Directors by Judicial Proceeding.

Section 293-A:8.10 - Vacancy on Board.

Section 293-A:8.11 - Compensation of Directors.

Section 293-A:8.20 - Meetings.

Section 293-A:8.21 - Action Without Meeting.

Section 293-A:8.22 - Notice of Meeting.

Section 293-A:8.23 - Waiver of Notice.

Section 293-A:8.24 - Quorum and Voting.

Section 293-A:8.25 - Committees.

Section 293-A:8.26 - Submission of Matters for Shareholder Vote.

Section 293-A:8.30 - Standards of Conduct for Directors.

Section 293-A:8.33 - Directors' Liability for Unlawful Distributions.

Section 293-A:8.40 - Officers.

Section 293-A:8.41 - Functions of Officers.

Section 293-A:8.42 - Standards of Conduct for Officers.

Section 293-A:8.43 - Resignation and Removal of Officers.

Section 293-A:8.44 - Contract Rights of Officers.

Section 293-A:8.50 - Subdivision Definitions.

Section 293-A:8.51 - Permissible Indemnification.

Section 293-A:8.52 - Mandatory Indemnification.

Section 293-A:8.53 - Advance for Expenses.

Section 293-A:8.54 - Court-Ordered Indemnification and Advance for Expenses.

Section 293-A:8.55 - Determination and Authorization of Indemnification.

Section 293-A:8.56 - Indemnification of Officers.

Section 293-A:8.57 - Insurance.

Section 293-A:8.58 - Variation by Corporate Action; Application of Subdivision.

Section 293-A:8.59 - Exclusivity of Subdivision.

Section 293-A:8.60 - Subdivision Definitions.

Section 293-A:8.61 - Judicial Action.

Section 293-A:8.62 - Directors' Action.

Section 293-A:8.63 - Shareholders' Action.

Section 293-A:8.70 - Business Opportunities.

Section 293-A:9.01 - Excluded Transactions.

Section 293-A:9.02 - Required Approvals.

Section 293-A:9.20 - Domestication.

Section 293-A:9.21 - Action on a Plan of Domestication.

Section 293-A:9.22 - Articles of Domestication.

Section 293-A:9.23 - Surrender of Charter Upon Domestication.

Section 293-A:9.24 - Effect of Domestication.

Section 293-A:9.25 - Abandonment of a Domestication.

Section 293-A:9.50 - Entity Conversion Authorized; Definitions.

Section 293-A:9.51 - Plan of Entity Conversion.

Section 293-A:9.52 - Action on a Plan of Entity Conversion.

Section 293-A:9.53 - Articles of Entity Conversion.

Section 293-A:9.54 - Surrender of Charter Upon Conversion.

Section 293-A:9.55 - Effect of Entity Conversion.

Section 293-A:9.56 - Abandonment of an Entity Conversion.

Section 293-A:10.01 - Authority to Amend.

Section 293-A:10.02 - Amendment Before Issuance of Shares.

Section 293-A:10.03 - Amendment by Board of Directors and Shareholders.

Section 293-A:10.04 - Voting on Amendments by Voting Groups.

Section 293-A:10.05 - Amendment by Board of Directors.

Section 293-A:10.06 - Articles of Amendment.

Section 293-A:10.07 - Restated Articles of Incorporation.

Section 293-A:10.08 - Amendment Pursuant to Reorganization.

Section 293-A:10.09 - Effect of Amendment.

Section 293-A:10.20 - Amendment by Board of Directors or Shareholders.

Section 293-A:10.21 - Bylaw Increasing Quorum or Voting Requirement for Directors.

Section 293-A:10.22 - Bylaw Provisions Relating to the Election of Directors.

Section 293-A:11.01 - Definitions.

Section 293-A:11.02 - Merger.

Section 293-A:11.03 - Share Exchange.

Section 293-A:11.04 - Action on a Plan of Merger or Share Exchange.

Section 293-A:11.05 - Merger Between Parent and Subsidiary or Between Subsidiaries.

Section 293-A:11.06 - Articles of Merger or Share Exchange.

Section 293-A:11.07 - Effect of Merger or Share Exchange.

Section 293-A:11.08 - Abandonment of a Merger or Share Exchange.

Section 293-A:12.01 - Disposition of Assets Not Requiring Shareholder Approval.

Section 293-A:12.02 - Shareholder Approval of Certain Dispositions.

Section 293-A:13.01 - Definitions.

Section 293-A:13.02 - Right to Appraisal.

Section 293-A:13.03 - Assertion of Rights by Nominees and Beneficial Owners.

Section 293-A:13.20 - Notice of Appraisal Rights.

Section 293-A:13.21 - Notice of Intent to Demand Payment and Consequences of Voting or Consenting.

Section 293-A:13.22 - Appraisal Notice and Form.

Section 293-A:13.23 - Perfection of Rights; Right to Withdraw.

Section 293-A:13.24 - Payment.

Section 293-A:13.25 - After-Acquired Shares.

Section 293-A:13.26 - Procedure if Shareholder Dissatisfied With Payment or Offer.

Section 293-A:13.30 - Court Action.

Section 293-A:13.31 - Court Costs and Expenses.

Section 293-A:13.40 - Other Remedies Limited.

Section 293-A:14.01 - Dissolution by Incorporators or Initial Directors.

Section 293-A:14.02 - Dissolution by Board of Directors and Shareholders.

Section 293-A:14.03 - Articles of Dissolution.

Section 293-A:14.04 - Revocation of Dissolution.

Section 293-A:14.05 - Effect of Dissolution.

Section 293-A:14.06 - Known Claims Against Dissolved Corporation.

Section 293-A:14.07 - Other Claims Against Dissolved Corporation.

Section 293-A:14.08 - Court Proceedings.

Section 293-A:14.09 - Director Duties.

Section 293-A:14.20 - Grounds for Administrative Dissolution.

Section 293-A:14.21 - Procedure for and Effect of Administrative Dissolution.

Section 293-A:14.22 - Reinstatement Following Administrative Dissolution.

Section 293-A:14.22-a - Late Reinstatement.

Section 293-A:14.23 - Appeal From Denial of Reinstatement.

Section 293-A:14.30 - Grounds for Judicial Dissolution.

Section 293-A:14.31 - Procedure for Judicial Dissolution.

Section 293-A:14.32 - Receivership or Custodianship.

Section 293-A:14.33 - Decree of Dissolution.

Section 293-A:14.34 - Election to Purchase in Lieu of Dissolution.

Section 293-A:15.01 - Authority to Transact Business Required.

Section 293-A:15.02 - Consequences of Transacting Business Without Authority.

Section 293-A:15.03 - Application for Certificate of Authority.

Section 293-A:15.04 - Amended Certificate of Authority.

Section 293-A:15.05 - Effect of Certificate of Authority.

Section 293-A:15.06 - Corporate Name of Foreign Corporation.

Section 293-A:15.07 - Registered Office and Registered Agent of Foreign Corporation.

Section 293-A:15.08 - Change of Registered Office or Registered Agent of Foreign Corporation.

Section 293-A:15.09 - Resignation of Registered Agent of Foreign Corporation.

Section 293-A:15.10 - Service on Foreign Corporation.

Section 293-A:15.20 - Withdrawal of Foreign Corporation.

Section 293-A:15.21 - Automatic Withdrawal Upon Certain Conversions.

Section 293-A:15.22 - Withdrawal Upon Conversion to a Nonfiling Entity.

Section 293-A:15.23 - Transfer of Authority.

Section 293-A:15.30 - Grounds for Revocation.

Section 293-A:15.31 - Procedure for and Effect of Revocation.

Section 293-A:15.32 - Appeal From Revocation.

Section 293-A:16.01 - Corporate Records.

Section 293-A:16.02 - Inspection of Records by Shareholders.

Section 293-A:16.03 - Scope of Inspection Right.

Section 293-A:16.04 - Court-Ordered Inspection.

Section 293-A:16.05 - Inspection of Records by Directors.

Section 293-A:16.06 - Exception to Notice Requirement.

Section 293-A:16.20 - Financial Statements for Shareholders.

Section 293-A:16.21 - Annual Report for Secretary of State.

Section 293-A:17.01 - Application to Existing Domestic Corporations.

Section 293-A:17.02 - Application to Qualified Foreign Corporations.

Section 293-A:17.03 - Saving Provisions.

Section 293-A:17.04 - Severability.