New Hampshire Revised Statutes 421-A:6 – Prohibition of Takeover Bid
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I. In the event the secretary of state shall schedule a public hearing or hearings or otherwise conduct an investigation pursuant to N.H. Rev. Stat. § 421-A:5, the secretary of state shall issue an order prohibiting an offeror from making or continuing with any takeover bid. Every person shall comply with every such order.
II. Following completion of a hearing pursuant to N.H. Rev. Stat. § 421-A:5 or the conclusion of his investigation conducted pursuant to such section, but in no event later than 55 days after the filing of a registration statement, the secretary of state shall determine whether the requirements of this chapter have been met and shall issue an order containing his conclusions and the reasons therefor. If the requirements of this chapter have been met, such order shall authorize the making or continuation of the takeover bid. If the secretary of state finds the requirements of this chapter have not been met, he shall by order prohibit the making or continuation of any takeover bid until such time as full compliance has been accomplished.
II. Following completion of a hearing pursuant to N.H. Rev. Stat. § 421-A:5 or the conclusion of his investigation conducted pursuant to such section, but in no event later than 55 days after the filing of a registration statement, the secretary of state shall determine whether the requirements of this chapter have been met and shall issue an order containing his conclusions and the reasons therefor. If the requirements of this chapter have been met, such order shall authorize the making or continuation of the takeover bid. If the secretary of state finds the requirements of this chapter have not been met, he shall by order prohibit the making or continuation of any takeover bid until such time as full compliance has been accomplished.
Terms Used In New Hampshire Revised Statutes 421-A:6
- 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
- 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