New Hampshire Revised Statutes 301-A:31 – Annual Report
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I. Every association organized under this chapter shall prepare and submit to its annual meeting, and shall deliver to the secretary of state, a report of its condition, signed under the penalties of perjury by the president or treasurer. Such report shall be made on or before April 1 of each year; provided, however, that any association which has received its certificate of organization at any time between December 1 of the preceding year and April 1 shall not be required to file an annual report during that year. The annual report shall be made on forms prescribed and furnished by the secretary of state on request, and the information in the report shall be given as of the preceding January 1.
II. The report shall state the name and principal address of the association; the names and addresses of the officers and directors; a general statement of its business operations during the fiscal year; the amount of paid-in capital and number of shareholders, if a share association; the total number of members, including the number admitted or withdrawn during the year, if a nonshare association; and the total receipts, expenditures, assets, and liabilities of the association. The report shall be available for inspection by any member during normal working hours.
III. The secretary of state shall biennially notify every association which has failed to file its annual report for 2 consecutive years of such delinquency and shall notify the corporation by mail that its charter shall be forfeited.
II. The report shall state the name and principal address of the association; the names and addresses of the officers and directors; a general statement of its business operations during the fiscal year; the amount of paid-in capital and number of shareholders, if a share association; the total number of members, including the number admitted or withdrawn during the year, if a nonshare association; and the total receipts, expenditures, assets, and liabilities of the association. The report shall be available for inspection by any member during normal working hours.
Terms Used In New Hampshire Revised Statutes 301-A:31
- Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.
- biennially: when applied to meetings and elections in towns, shall mean the biennial meetings and elections required by law to be holden in the month of November biennially, dating from the commencement of biennial elections in 1878; and the word "annual" when applied to meetings and elections in towns, shall mean the annual meetings and elections required by law to be holden in the month of March. See New Hampshire Revised Statutes 21:7
- 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.
- Fiscal year: The fiscal year is the accounting period for the government. For the federal government, this begins on October 1 and ends on September 30. The fiscal year is designated by the calendar year in which it ends; for example, fiscal year 2006 begins on October 1, 2005 and ends on September 30, 2006.
- Liabilities: The aggregate of all debts and other legal obligations of a particular person or legal entity.
- state: when applied to different parts of the United States, may extend to and include the District of Columbia and the several territories, so called; and the words "United States" shall include said district and territories. See New Hampshire Revised Statutes 21:4
III. The secretary of state shall biennially notify every association which has failed to file its annual report for 2 consecutive years of such delinquency and shall notify the corporation by mail that its charter shall be forfeited.