New Hampshire § 304-C:161 Right of Members to Dissent-in General

New Hampshire Statutes

§ 304-C:161 — Right of Members to Dissent-in General

New Hampshire § 304-C:161

Title XXVIIIPARTNERSHIPS

Ch. 304-CLIMITED LIABILITY COMPANIES

SubdivisionDissenters' Rights

This text of New Hampshire § 304-C:161 (Right of Members to Dissent-in General) 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. § 304-C:161 (2026).

Text

I. Unless the operating agreement provides otherwise, a member of a limited liability company is entitled to dissent from, and obtain payment of the fair value of the member's limited liability company interest, upon any of the following actions:

(a)Consummation of a plan of merger to which the limited liability company is a party;

(b)Consummation of a plan of statutory conversion of the limited liability company to some other business form;

(c)An amendment to the operating agreement:

(1)Altering or abolishing a right in respect of distribution, other than alteration by dilution through the admission of other members or acceptance of contributions;

(2)Altering or abolishing a right to voluntarily withdraw; or

(3)Altering or abolishing any right of a member to vote on any matter, othe

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I. Unless the operating agreement provides otherwise, a member of a limited liability company is entitled to dissent from, and obtain payment of the fair value of the member's limited liability company interest, upon any of the following actions:
(a) Consummation of a plan of merger to which the limited liability company is a party;
(b) Consummation of a plan of statutory conversion of the limited liability company to some other business form;
(c) An amendment to the operating agreement:
(1) Altering or abolishing a right in respect of distribution, other than alteration by dilution through the admission of other members or acceptance of contributions;
(2) Altering or abolishing a right to voluntarily withdraw; or
(3) Altering or abolishing any right of a member to vote on any matter, other than alteration by dilution through the admission of other members or acceptance of contributions.
II. A member entitled to dissent and obtain payment for such member's limited liability company interest under this subdivision may not challenge the limited liability company action creating such member's entitlement unless the action is unlawful or fraudulent with respect to the member or the limited liability company.