CORPORATIONS, ASSOCIATIONS, AND PROPRIETORS OF COMMON LANDS
CONSUMERS' COOPERATIVE ASSOCIATIONS
301-A:32-a Grounds for Administrative Dissolution.
The secretary of state may administratively dissolve a domestic association under RSA 301-A:32-b if:
I. The association for 2 consecutive years does not pay within 60 days after they are due any franchise fees or penalties imposed by this chapter or other law; or
II. The association for 2 consecutive years does not deliver its annual report to the secretary of state within 60 days after it is due.
Source. 2006, 316:7, eff. July 1, 2006.