New Hampshire Statutes
§ 295:6 — Contracts
New Hampshire·Title XXVII CORPORATIONS, ASSOCIATIONS, AND PROPRIETORS OF COMMON LANDS·Ch. 295 GENERAL POWERS OF CORPORATIONS·Subdivision Meetings, Bylaws, Reports, Etc.
They may make contracts necessary and proper for the transaction of their authorized business, and no other. They shall be capable of binding themselves as sureties or guarantors for others, to the extent that such suretyship or guarantee may be necessary and proper for the transaction of their authorized business or serves to further their corporate purposes.
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Legislative History
GS 133:5. GL 147:5. PS 148:7. PL 226:6. RL 275:6. RSA 295:6. 1988, 13:1, eff. May 14, 1988.
Nearby Sections
13
§ 295:1
Exceptions§ 295:10
Fees for Copies of Records, Etc§ 295:11
Reserved Power; Limitation§ 295:2
Inclusions§ 295:3
Powers§ 295:4
First Meeting§ 295:5
Bylaws§ 295:6
Contracts§ 295:7
Property§ 295:7-a
Bonds and Other Obligations§ 295:7-b
Power to Lease§ 295:8
Taking Security