{"data":{"id":"us-nh/rsa-304-c-166","jurisdiction":"us-nh","citation":"RSA 304-C:166","heading":"Limited Liability Companies' Making of Payments to Dissenting Members.","body":"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.\nII. The payment must be accompanied by:\n(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;\n(b) A statement of the limited liability company's estimate of the fair value of the membership rights;\n(c) An explanation of how the value of the membership rights was calculated;\n(d) A statement of the dissenter's right to demand payment under RSA 304-C:169; and\n(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.","path":["Title XXVIII: PARTNERSHIPS","Chapter 304-C: LIMITED LIABILITY COMPANIES","Dissenters' Rights"],"source_url":"https://gc.nh.gov/rsa/html/XXVIII/304-C/304-C-166.htm","current_through":"2025 regular legislative session, or December 2025","vintage":"","retrieved_at":"2026-09-05T14:54:51Z","sha256":"ecec3dbd788cb4ae5f528ba8f17975da6931578836a5e1e064b28ce4e9dbf9de","source_id":"us-nh","stale":false,"prev":"us-nh/rsa-304-c-165","next":"us-nh/rsa-304-c-167"},"notice":"GroundRules: Original legal text. Not legal advice."}