New Hampshire Revised Statutes 568:49 – Procedure
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Terms Used In New Hampshire Revised Statutes 568:49
- 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.
- 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
Insolvent corporations created by the laws of this state, except banking and railroad corporations, may make assignments or be proceeded against in insolvency in the same manner as individuals, and the judge for the county where the principal place of business of the corporation is located may issue his warrant and proceed as in other cases. The schedule of creditors and of the estate shall be furnished by the treasurer or other financial officer of the corporation, and all the provisions of this chapter which apply to the debtor or set forth his duties in regard to executing papers, submitting to examinations, disclosing, making over, secreting, concealing, conveying, assigning, paying or conveying away his money or property shall, in like manner and with like force and effect and penalties, apply to each and every officer of the corporation and to the money and property thereof.