N.H. Rev. Stat. § 293-A:7.45

Current through Chapter 94 of the 2024 Legislative Session

Section 293-A:7.45 - Discontinuance or Settlement

A derivative proceeding may not be discontinued or settled without the court's approval. If the court determines that a proposed discontinuance or settlement will substantially affect the interests of the corporation's shareholders or a class of shareholders, the court shall direct that notice be given to the shareholders affected.

RSA 293-A:7.45

Entire chapter repealed and reenacted by 2013, 142:1, eff. 1/1/2014.

2013, 142:1, eff. Jan. 1, 2014.