New Hampshire Revised Statutes 195-E:5 – Articles of Agreement
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The articles of agreement of a loan corporation shall contain the following:
I. The name of the loan corporation, which shall clearly identify the qualified educational institution or institutions involved and shall contain the words “Loan Corporation”;
II. The object for which the loan corporation is established;
III. The provisions for disposition of the corporate assets in the event of dissolution of the loan corporation;
IV. The address at which the business of the loan corporation is to be carried on;
V. The amount of capital stock, if any, or the number of shares, if any;
VI. The signature and post office address of each of the incorporators;
VII. A true copy of the vote of the educational institution agreeing to form a loan corporation; and
VIII. A true copy of the authorization for each incorporator to sign the articles of incorporation.
I. The name of the loan corporation, which shall clearly identify the qualified educational institution or institutions involved and shall contain the words “Loan Corporation”;
Terms Used In New Hampshire Revised Statutes 195-E:5
- Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.
- 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.
- following: when used by way of reference to any section of these laws, shall mean the section next preceding or following that in which such reference is made, unless some other is expressly designated. See New Hampshire Revised Statutes 21:13
II. The object for which the loan corporation is established;
III. The provisions for disposition of the corporate assets in the event of dissolution of the loan corporation;
IV. The address at which the business of the loan corporation is to be carried on;
V. The amount of capital stock, if any, or the number of shares, if any;
VI. The signature and post office address of each of the incorporators;
VII. A true copy of the vote of the educational institution agreeing to form a loan corporation; and
VIII. A true copy of the authorization for each incorporator to sign the articles of incorporation.