New Hampshire Revised Statutes 295:3 – Powers
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Terms Used In New Hampshire Revised Statutes 295:3
- Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
- Prosecute: To charge someone with a crime. A prosecutor tries a criminal case on behalf of the government.
- seal: shall include an impression of the official seal made upon the paper alone, as well as an impression thereof made by means of wax, or a wafer, affixed thereto. See New Hampshire Revised Statutes 21:11
Every such corporation may admit associates and members, and for just cause remove them; may elect all necessary officers, define their duties and fix their compensation; may have a common seal, and change the same at pleasure; may sue and be sued, appear, prosecute and defend in the corporate name to final judgment and execution, and appoint agents and attorneys for that purpose; and shall have perpetual succession, unless incorporated or formed for a limited term or dissolved as provided by law.