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§ 402-30-e — New Hampshire Law | CourtGPT
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New Hampshire Legal Code

§ 402-30-e

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402:30-e Orders. – If the court is satisfied that there has been gross waste, misconduct or negligence in the management of its affairs, it shall decree a forfeiture of the company's charter or authority to do business, and shall make all other orders required for closing up and settling its affairs; otherwise the petition shall be dismissed and the defendant's taxable costs shall be paid by the state. Source. 1975, 311:1, eff. Aug. 6, 1975.