New Hampshire § 299:7 Powers

New Hampshire Statutes

§ 299:7 — Powers

New Hampshire·Title XXVII CORPORATIONS, ASSOCIATIONS, AND PROPRIETORS OF COMMON LANDS·Ch. 299 CORPORATE MORTGAGES AND REORGANIZATION AFTER FORECLOSURE·Subdivision Reorganization of Corporations After Foreclosure

It may use the old corporate name, or adopt a new one, by which it shall thereafter be known; may issue capital stock, as the directors may determine, in an amount not exceeding the purchase price at the foreclosure sale; shall file a certificate with the secretary of state, signed by its treasurer and a majority of its directors, setting forth the sale under foreclosure proceedings, the amount of capital as fixed at the first meeting and the corporate name adopted.

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It may use the old corporate name, or adopt a new one, by which it shall thereafter be known; may issue capital stock, as the directors may determine, in an amount not exceeding the purchase price at the foreclosure sale; shall file a certificate with the secretary of state, signed by its treasurer and a majority of its directors, setting forth the sale under foreclosure proceedings, the amount of capital as fixed at the first meeting and the corporate name adopted.

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