TITLE XXVII CORPORATIONS, ASSOCIATIONS, AND PROPRIETORS OF COMMON LANDS
CHAPTER 301-A CONSUMERS' COOPERATIVE ASSOCIATIONS
Section 301-A:14
301-A:14 Issuance of Membership Certificates. –
I. No certificate for share or membership capital shall be issued until its par value is paid for in full. Each certificate issued by an association shall have printed upon it a full or condensed statement of the requirements of RSA 301-A:16 and 26.
II. Any natural person eligible for membership and legally obligated to purchase a share or shares or membership in an association shall be deemed a subscriber. The certificate or bylaws may determine what voting rights or other membership rights shall be granted to subscribers.