Section 301-A:38 – Merger.
301-A:38 Merger. – If otherwise lawful, any 2 or more associations may merge or consolidate under this chapter or under the law of the state where the surviving or new association will exist. Before an association may merge or consolidate with any other association, a written plan of merger or consolidation shall be prepared […]
Section 301-A:39 – Applicable Laws.
301-A:39 Applicable Laws. – The applicable provisions, powers, and rights of RSA 293-A shall apply to associations organized under this chapter to the extent they are not in conflict or inconsistent with any part of this chapter. Provisions which are in conflict shall be inapplicable to such associations. Source. 1983, 462:1, eff. July 1, […]
Section 301-A:30 – Annual Audit or Review.
301-A:30 Annual Audit or Review. – Every association shall cause its books to be audited or reviewed at the end of each year by qualified independent accountants who shall not be officers or directors. Where the annual business of the association amounts to less than $100,000, the audit may be made by a committee […]
Section 301-A:31 – Annual Report.
301-A:31 Annual Report. – 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 […]
Section 301-A:32 – Revocation of Certificate of Organization.
301-A:32 Revocation of Certificate of Organization. – I. The certificate of organization of a foreign cooperative association may be revoked by the secretary of state if an association fails to file its annual report by the date required under RSA 301-A:31, or if such association fails to pay any fees when they become due […]
Section 301-A:32-a – Grounds for Administrative Dissolution.
301-A:32-a Grounds for Administrative Dissolution. – The secretary of state may administratively dissolve a domestic association under RSA 301-A:32-b if: I. The association for 2 consecutive years does not pay within 60 days after they are due any franchise fees or penalties imposed by this chapter or other law; or II. The association for […]
Section 301-A:32-b – Procedure for Administrative Dissolution.
301-A:32-b Procedure for Administrative Dissolution. – The secretary of state shall administratively dissolve the association by mailing a notice of dissolution to the association at its principal address as listed in the records of the secretary of state. Such notice shall recite the grounds for dissolution and effective date, together with an application for […]
Section 301-A:33 – Dissolution.
301-A:33 Dissolution. – The provisions of RSA 292 and 293-A for the dissolution of nonprofit and business corporations shall apply to associations formed under this chapter; provided, however, that the secretary of state shall charge and collect a fee of $25 for filing articles of dissolution and issuing a certificate of dissolution. In the […]
Section 301-A:34 – Use of Term “Cooperative”.
301-A:34 Use of Term "Cooperative". – Only persons, firms, corporations, associations, and foreign corporations operating on a cooperative basis and authorized to do business in New Hampshire, and which comply with the provisions of this chapter, shall be entitled to use the term "cooperative." Provided, that any person, firm, or corporation using the word […]
Section 301-A:35 – Interference With Contracts.
301-A:35 Interference With Contracts. – Any person or any corporation whose officers or employees knowingly induce or attempt to induce any member or stockholder of an association formed under this chapter or of a foreign cooperative association to breach his marketing contract with the association shall be guilty of a misdemeanor if a natural […]