Section 367:40 Hiring Money.
A corporation may borrow money to settle with its dissenting stockholders; provided, that its indebtedness is not thereby increased beyond the limit authorized by law.
Source. PS 156:40. PL 246:38. RL 296:38.
A corporation may borrow money to settle with its dissenting stockholders; provided, that its indebtedness is not thereby increased beyond the limit authorized by law.
Source. PS 156:40. PL 246:38. RL 296:38.