RSA 293-A:7.41: Standing.
Where this section sits in the code
- Title XXVII: CORPORATIONS, ASSOCIATIONS, AND PROPRIETORS OF COMMON LANDS
- Chapter Subchapter: D. Derivative Proceedings
A shareholder may not commence or maintain a derivative proceeding unless the shareholder:
(1) was a shareholder of the corporation at the time of the act or omission complained of or became a shareholder through transfer by operation of law from one who was a shareholder at that time; and
(2) fairly and adequately represents the interests of the corporation in enforcing the right of the corporation.
Collected 2026-09-05T14:50:27Z. Source file · JSON