New Hampshire § 243-2 - Section 243:2 Articles of Agreement.

Full text of New Hampshire New Hampshire Revised Statutes Annotated § 243-2 — Section 243:2 Articles of Agreement., with citation guidance and answers to common questions.

§ 243-2. Section 243:2 Articles of Agreement.

The articles of agreement shall set forth the name of the corporation; the termini of the proposed railroad; its length, as nearly as may be; the name of each city, town and county through or into which its route will extend; its gauge; the amount of the capital stock of the corporation; the appointment of at least 7 of the subscribers to act as directors of the corporation until others are chosen, a majority of whom shall be residents of the state; and a provision that each subscriber will take the number of shares of the capital stock set opposite to his name and will pay the par value thereof, subject to the condition that he shall not be bound to pay more than 10 percent of the amount of his subscription unless the corporation is established. The articles shall be signed by the associates, and each shall affix to his signature his residence, post office address and the number of shares of the capital stock which he agrees to take.

Source: official New Hampshire text · Last verified 2026-08-27

Frequently Asked Questions About New Hampshire § 243-2

What does New Hampshire Revised Statutes Annotated § 243-2 cover?

Section 243-2 ("Section 243:2 Articles of Agreement.") is part of the New Hampshire Revised Statutes Annotated, the codified statutory law of New Hampshire. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.

How do I cite New Hampshire § 243-2?

A common citation format is "New Hampshire Revised Statutes Annotated § 243-2" (New Hampshire). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.

Is this the official text of New Hampshire law?

No. This page is for research and education and may not include the most recent amendments. For official current law, check the New Hampshire official source linked on this page or consult a licensed New Hampshire attorney.

How does New Hampshire § 243-2 apply to my situation?

Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in New Hampshire can advise on how this section applies to you. Contact your state or local bar association for a referral.

Sources & Verification

Not legal advice. Verify against the official source and consult a licensed attorney in New Hampshire.