"Transferable", as used in RSA 77:3, I(b), means the ability of a shareholder or interest holder in an organization to dispose of all rights incidental to his or her equitable interest without a required approval of the disposition by another beneficiary, and without dissolution of the organization itself.
N.H. Admin. Code § Rev 901.20
#9843, eff 12-23-10 (see Revision Note at chapter heading for Rev 900); ss by #10211, eff 10-24-12 (from Rev 901.19 )