CORPORATIONS, ASSOCIATIONS, AND PROPRIETORS OF COMMON LANDS
VOLUNTARY CORPORATIONS AND ASSOCIATIONS
292:8-l Powers Extended.
Any non-profit corporation heretofore organized by special act of the legislature for purposes as set forth by RSA 292:1 may:
I. Change its name, eliminate any limitation on the assets it is authorized to hold, provide for distribution of its assets upon dissolution of the said corporation, by a majority vote of such corporation, unless otherwise provided by any such special act or the bylaws of any such corporation, at a meeting duly called for that purpose, and by recording a certified copy of such vote in the office of the secretary of state. The fee for recording said certified copy in the office of the secretary of state shall be $25.
II. Change its purpose by a majority vote of said corporation. A written notice of the proposed change shall be provided to the director of charitable trusts, department of justice and the notice of proposed changes shall be published in a newspaper of general circulation by the trustees at least 30 days before the vote is taken. The proposed change shall also be submitted for review by the probate court. If legal cause exists which would prevent the proposed change in purpose, the director of charitable trusts shall have 30 days to notify the corporation of any additional requirements. A certified copy of the vote shall be filed in the office of the secretary of state. The fee for recording said certified copy in the office of the secretary of state shall be $25. Nothing in this paragraph shall be construed to supercede the intent of RSA 7:19-RSA 7:32-a.
Source. 1967, 92:1. 2005, 282:1. 2006, 316:1, eff. July 1, 2006.