New Hampshire § 296:3 Directors;  President

New Hampshire Statutes

§ 296:3 — Directors; President

New Hampshire § 296:3

Title XXVIICORPORATIONS, ASSOCIATIONS, AND PROPRIETORS OF COMMON LANDS

Ch. 296DIVIDEND-PAYING CORPORATIONS

SubdivisionIncidents, Organization, and Officers

This text of New Hampshire § 296:3 (Directors; President) is published on Counsel Stack Legal Research, covering New Hampshire primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

N.H. Rev. Stat. Ann. § 296:3 (2026).

Text

The directors, to be chosen annually by the stockholders, shall not be less than 3, unless otherwise authorized by the charter, and one of them at least shall be an actual resident of this state, if the corporation has any stockholders residing in the state. They shall hold office for one year and until others are chosen and qualified in their stead, and one of them shall be chosen president by the corporation or by the directors, as the charter or bylaws may prescribe.

Free access — add to your briefcase to read the full text and ask questions with AI

The directors, to be chosen annually by the stockholders, shall not be less than 3, unless otherwise authorized by the charter, and one of them at least shall be an actual resident of this state, if the corporation has any stockholders residing in the state. They shall hold office for one year and until others are chosen and qualified in their stead, and one of them shall be chosen president by the corporation or by the directors, as the charter or bylaws may prescribe.