New Hampshire Revised Statutes 296:43 – Recovery From Corporation
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Terms Used In New Hampshire Revised Statutes 296:43
- Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
Any officer of a corporation, who shall have paid a debt or liability of the corporation for which he is made liable by the provisions of this subdivision, may recover the amount so paid in a bill against the corporation; but he shall have no claim against the stockholders individually therefor.