Terms Used In New Hampshire Revised Statutes 296:40

  • 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.
If any certificate, return or notice made or given in pursuance of the provisions of this subdivision shall be false in any material representation, all the officers who signed the same, knowing it to be so or without due inquiry, shall be individually liable for all the debts of the corporation contracted while they were in office.