RSA 296:31: Payment for Stock.
Where this section sits in the code
- Title XXVII: CORPORATIONS, ASSOCIATIONS, AND PROPRIETORS OF COMMON LANDS
- Chapter 296: DIVIDEND-PAYING CORPORATIONS
- Individual Liability of Stockholders and Officers
No note or obligation given by a stockholder, whether secured by pledge or otherwise, shall be considered as payment for any part of the capital stock.
Collected 2026-09-05T14:52:17Z. Source file · JSON