§ 301-a-14

301-A:14 Issuance of Membership Certificates. – I. No certificate for share or membership capital shall be issued until its par value is paid for in full. Each certificate issued by an association shall have printed upon it a full or condensed statement of the requirements of RSA 301-A:16 and 26. II. Any natural person eligible for membership and legally obligated to purchase a share or shares or membership in an association shall be deemed a subscriber. The certificate or bylaws may determine what voting rights or other membership rights shall be granted to subscribers. Source. 1983, 462:1, eff. July 1, 1983.