New Hampshire Statutes

§ 294-A:19 — Voting of Shares

New Hampshire·Title XXVII CORPORATIONS, ASSOCIATIONS, AND PROPRIETORS OF COMMON LANDS·Ch. 294-A PROFESSIONAL CORPORATIONS
No proxy for shares of a professional corporation shall be valid unless it is given to a qualified person. A voting trust with respect to shares of a professional corporation shall not be valid unless all the trustees and beneficiaries of the voting trust are qualified persons, except that a voting trust may be validly continued for a period of 10 months after the death of a deceased beneficiary or for a period of 5 months after a beneficiary has become a disqualified person.

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Legislative History

1981, 236:1, eff. Feb. 1, 1982.

Nearby Sections

15
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