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§ 299.7 — New Hampshire Law | CourtGPT
  1. Home/
  2. Laws/
  3. New Hampshire/
  4. Title Xxvii - Corporations, Associations, and Proprietors of Common Lands/
  5. Chapter 299 - Corporate Mortgages and Reorganization After Foreclosure/
  6. § 299.7
New Hampshire Legal Code

§ 299.7

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299:7 Powers. – It may use the old corporate name, or adopt a new one, by which it shall thereafter be known; may issue capital stock, as the directors may determine, in an amount not exceeding the purchase price at the foreclosure sale; shall file a certificate with the secretary of state, signed by its treasurer and a majority of its directors, setting forth the sale under foreclosure proceedings, the amount of capital as fixed at the first meeting and the corporate name adopted. Source. 1895, 52:2. PL 230:7. RL 279:7.