Corporate law new hampshire

Here are some key aspects of corporate law in New Hampshire:

Formation of a Corporation

In New Hampshire, a corporation can be formed by filing articles of incorporation with the Secretary of State's office. The articles must include the corporation's name, purpose, and the number of shares it is authorized to issue.

Corporate Governance

New Hampshire corporations are governed by a board of directors, which is responsible for making major business decisions and overseeing the corporation's operations. The board of directors is typically composed of a minimum of one director, and the corporation's bylaws may specify the number of directors and their terms.

Shareholder Rights

Shareholders of a New Hampshire corporation have certain rights, including the right to vote on major corporate decisions, receive dividends, and inspect the corporation's books and records.

Corporate Records

New Hampshire corporations are required to maintain certain corporate records, including articles of incorporation, bylaws, minutes of meetings, and stock ledgers.

Taxation

New Hampshire does not have a state income tax, but corporations are still subject to federal income tax and may be subject to other state and local taxes.

Laws and Regulations

New Hampshire corporations are subject to various laws and regulations, including the New Hampshire Revised Statutes Annotated, the New Hampshire Business Corporation Act, and federal laws such as the Securities Act of 1933 and the Securities Exchange Act of 1934.

Some Key Statutes and Regulations

• New Hampshire Revised Statutes Annotated, Title 14, Chapter 293-A: Business Corporations
• New Hampshire Business Corporation Act, RSA 293-A:1-1 et seq.
• Securities Act of 1933, 15 U.S.C. § 77a et seq.
• Securities Exchange Act of 1934, 15 U.S.C. § 78a et seq.

Some Key Cases

• In re New Hampshire Ins. Co., 143 N.H. 444 (1998): This case addressed the issue of corporate veil piercing in New Hampshire.
• State v. New Hampshire Power Co., 134 N.H. 444 (1991): This case addressed the issue of corporate liability for environmental violations.

Some Key Firms and Organizations

• New Hampshire Secretary of State's office: responsible for filing and maintaining corporate records
• New Hampshire Bar Association: provides resources and support for lawyers and businesses in New Hampshire
• New Hampshire Business and Industry Association: a trade association that represents businesses in New Hampshire
• New Hampshire Corporate Law Section: a section of the New Hampshire Bar Association that focuses on corporate law issues.

I hope this information is helpful!