N.H. Rev. Stat. § 195-E:5

Current through Chapter 381 of the 2024 Legislative Session

Section 195-E:5 - Articles of Agreement

The articles of agreement of a loan corporation shall contain the following:

I. The name of the loan corporation, which shall clearly identify the qualified educational institution or institutions involved and shall contain the words "Loan Corporation";

II. The object for which the loan corporation is established;

III. The provisions for disposition of the corporate assets in the event of dissolution of the loan corporation;

IV. The address at which the business of the loan corporation is to be carried on;

V. The amount of capital stock, if any, or the number of shares, if any;

VI. The signature and post office address of each of the incorporators;

VII. A true copy of the vote of the educational institution agreeing to form a loan corporation; and

VIII. A true copy of the authorization for each incorporator to sign the articles of incorporation.

RSA 195-E:5

1981, 229:1. 1983, 112:5, eff. May 25, 1983.