{"data":{"id":"us-nh/rsa-301-32","jurisdiction":"us-nh","citation":"RSA 301:32","heading":"Damages, Etc.","body":"The bylaws or the marketing contract may fix, as liquidated damages, a specific sum to be paid by a member or stockholder to the association upon the breach by him of any provision of the marketing contract regarding the sale or delivery or withholding of products; and may further provide that the member shall pay all costs, premiums for bonds, expenses and fees, in case any action is brought upon the contract by the association; and any such provisions shall be valid and enforceable in the courts of this state; and such clauses providing for liquidated damages shall be enforceable as such and shall not be regarded as penalties.","path":["Title XXVII: CORPORATIONS, ASSOCIATIONS, AND PROPRIETORS OF COMMON LANDS","Chapter 301: COOPERATIVE MARKETING AND RURAL ELECTRIFICATION ASSOCIATIONS","Association Contracts"],"source_url":"https://gc.nh.gov/rsa/html/XXVII/301/301-32.htm","current_through":"2025 regular legislative session, or December 2025","vintage":"","retrieved_at":"2026-09-05T14:53:12Z","sha256":"5c4c738ac286d5abaf1d836b340f7eb6b46dd6ad2e7bc0c9067abb08dbfae200","source_id":"us-nh","stale":false,"prev":"us-nh/rsa-301-31","next":"us-nh/rsa-301-33"},"notice":"GroundRules: Original legal text. Not legal advice."}