GroundRules
RSA 293-A:6.31: Corporation's Acquisition of Its Own Shares.
Where this section sits in the code
- Title XXVII: CORPORATIONS, ASSOCIATIONS, AND PROPRIETORS OF COMMON LANDS
- Chapter Subchapter: C. Subsequent Acquisition of Shares by Shareholders and Corporation
(a) A corporation may acquire its own shares, and shares so acquired constitute authorized but unissued shares.
(b) If the articles of incorporation prohibit the reissue of the acquired shares, the number of authorized shares is reduced by the number of shares acquired.
Collected 2026-09-05T14:50:27Z. Source file · JSON