New Hampshire Revised Statutes 304-C:164 – Dissenters’ Notices Required to be Provided by Limited Liability Companies to Members
Current as of: 2023 | Check for updates
|
Other versions
I. If a proposed action of a limited liability company creating dissenters’ rights under N.H. Rev. Stat. § 304-C:161 is authorized at a meeting of the members, the limited liability company shall deliver a written dissenters’ notice to all members who have satisfied the requirements of N.H. Rev. Stat. § 304-C:163.
II. The dissenters’ notice must be sent no later than 10 days after the action of the limited liability company was authorized by the members or effectuated, whichever is the first to occur, and shall:
(a) State where the payment demand shall be sent;
(b) Supply a form for demanding payment that includes the date of the first announcement to news media or to members of the principal terms of the proposed limited liability company action and requires that the person asserting dissenters’ rights certify whether or not the member acquired limited liability company interest before that date;
(c) Set a date by which the limited liability company must receive the payment demand, which date may not be fewer than 30 days and not more than 60 days after the date of the notice required by paragraph I is sent; and
(d) Be accompanied by a copy of this subdivision if the limited liability company has not previously sent a copy of this subdivision to the member under N.H. Rev. Stat. § 304-C:162.
II. The dissenters’ notice must be sent no later than 10 days after the action of the limited liability company was authorized by the members or effectuated, whichever is the first to occur, and shall:
Terms Used In New Hampshire Revised Statutes 304-C:164
- person: may extend and be applied to bodies corporate and politic as well as to individuals. See New Hampshire Revised Statutes 21:9
- state: when applied to different parts of the United States, may extend to and include the District of Columbia and the several territories, so called; and the words "United States" shall include said district and territories. See New Hampshire Revised Statutes 21:4
(a) State where the payment demand shall be sent;
(b) Supply a form for demanding payment that includes the date of the first announcement to news media or to members of the principal terms of the proposed limited liability company action and requires that the person asserting dissenters’ rights certify whether or not the member acquired limited liability company interest before that date;
(c) Set a date by which the limited liability company must receive the payment demand, which date may not be fewer than 30 days and not more than 60 days after the date of the notice required by paragraph I is sent; and
(d) Be accompanied by a copy of this subdivision if the limited liability company has not previously sent a copy of this subdivision to the member under N.H. Rev. Stat. § 304-C:162.