New Hampshire § 304-C:166 Limited Liability Companies' Making of Payments to Dissenting Members

New Hampshire Statutes

§ 304-C:166 — Limited Liability Companies' Making of Payments to Dissenting Members

New Hampshire § 304-C:166

Title XXVIIIPARTNERSHIPS

Ch. 304-CLIMITED LIABILITY COMPANIES

SubdivisionDissenters' Rights

This text of New Hampshire § 304-C:166 (Limited Liability Companies' Making of Payments to Dissenting Members) 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:166 (2026).

Text

I. Except as provided in RSA 304-C:168, as soon as the proposed limited liability company action is effectuated, or upon receipt of a payment demand, whichever is later, the limited liability company shall pay each dissenter who complied with RSA 304-C:165 the amount the limited liability company estimates to be the fair value of such dissenter's membership rights, plus accrued interest. II. The payment must be accompanied by:

(a)The limited liability company's balance sheet as of the end of a fiscal year ending not more than 16 months before the date of payment, an income statement for that year, and the latest available interim financial statements, if any;

(b)A statement of the limited liability company's estimate of the fair value of the membership rights;

(c)An explanation of how t

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I. Except as provided in RSA 304-C:168, as soon as the proposed limited liability company action is effectuated, or upon receipt of a payment demand, whichever is later, the limited liability company shall pay each dissenter who complied with RSA 304-C:165 the amount the limited liability company estimates to be the fair value of such dissenter's membership rights, plus accrued interest.
II. The payment must be accompanied by:
(a) The limited liability company's balance sheet as of the end of a fiscal year ending not more than 16 months before the date of payment, an income statement for that year, and the latest available interim financial statements, if any;
(b) A statement of the limited liability company's estimate of the fair value of the membership rights;
(c) An explanation of how the value of the membership rights was calculated;
(d) A statement of the dissenter's right to demand payment under RSA 304-C:169; and
(e) A copy of this subdivision, if the limited liability company has not previously sent a copy of this subdivision to the member under RSA 304-C:162 or RSA 304-C:164.