New Hampshire Revised Statutes 296:30 – Stock Not Paid in
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Terms Used In New Hampshire Revised Statutes 296:30
- 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.
Every stockholder, except stockholders in railroads, and as provided in N.H. Rev. Stat. § 369:16, shall be liable for all debts and contracts of the corporation until the whole amount of the capital fixed and limited by the corporation, or in the event that the corporation has voted to issue stock to an amount less than the whole amount of its authorized capital, the amount which the corporation has voted to issue, shall have been paid in, and a certificate thereof has been filed and recorded as provided in N.H. Rev. Stat. § 296:37, and not afterward, except in the cases specified in N.H. Rev. Stat. § 294:104.