Terms Used In New Hampshire Revised Statutes 301:46

  • 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.
When any association shall be hereafter incorporated hereunder, all contracts heretofore made, by or on behalf of the same, in anticipation of such incorporation; whether such contracts be made by or in the name of some corporation organized elsewhere or otherwise, shall have the same validity as if made after the passage hereof.