New Hampshire Statutes
§ 296:31 — Payment for Stock
New Hampshire § 296:31
JurisdictionNew Hampshire
Title XXVIICORPORATIONS, ASSOCIATIONS, AND PROPRIETORS OF COMMON LANDS
Ch. 296DIVIDEND-PAYING CORPORATIONS
SubdivisionIndividual Liability of Stockholders and Officers
This text of New Hampshire § 296:31 (Payment for Stock) 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. § 296:31 (2026).
Text
No note or obligation given by a stockholder, whether secured by pledge or otherwise, shall be considered as payment for any part of the capital stock.
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Legislative History
1846, 321:2. CS 147:1. GS 135:9. GL 149:9. PS 150:9. PL 228:4. RL 277:4.
Nearby Sections
15
§ 296:1
Corporations Included§ 296:10
Sale Price§ 296:11
Certificates§ 296:12
Stockholder's Residence§ 296:13
Stock Record§ 296:14
Restraint of Sale§ 296:15
Authority§ 296:16
Conditions§ 296:17
Certificate§ 296:18
Exceptions§ 296:19
Levying§ 296:2
Time Limit for Organization§ 296:20
Neglect to Pay§ 296:21
Notice; Sale§ 296:22
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Bluebook (online)
New Hampshire § 296:31, Counsel Stack Legal Research, https://law.counselstack.com/statute/nh/296/296%3A31.