New Hampshire Revised Statutes 293:5 – Stockholders’ Liability
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Terms Used In New Hampshire Revised Statutes 293:5
- 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 the charter of a corporation is rendered void by any of the provisions of the 2 preceding sections, the stockholders thereof shall be liable as partners, and no suit against any of said stockholders shall abate by reason of the nonjoinder of others.