New Hampshire Revised Statutes 528:14 – Effect of Sale
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Terms Used In New Hampshire Revised Statutes 528:14
- 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.
The rights and obligations of the corporation, except as to such tolls, shall not be affected by the sale, and they may redeem the franchise by paying to the purchaser the amount paid by him therefor, with twelve per cent interest thereon, at any time within three months after the sale.