New Hampshire § 293-A-742 - Section 293-A:7.42 Demand.
Full text of New Hampshire New Hampshire Revised Statutes Annotated § 293-A-742 — Section 293-A:7.42 Demand., with citation guidance and answers to common questions.
§ 293-A-742. Section 293-A:7.42 Demand.
No shareholder may commence a derivative proceeding until: (1) a written demand has been made upon the corporation to take suitable action; and (2) Ninety days have expired from the date delivery of the demand was made unless the shareholder has earlier been notified that the demand has been rejected by the corporation or unless irreparable injury to the corporation would result by waiting for the expiration of the 90 day period.
Source: official New Hampshire text · Last verified 2026-08-27
Frequently Asked Questions About New Hampshire § 293-A-742
What does New Hampshire Revised Statutes Annotated § 293-A-742 cover?
Section 293-A-742 ("Section 293-A:7.42 Demand.") 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 § 293-A-742?
A common citation format is "New Hampshire Revised Statutes Annotated § 293-A-742" (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 § 293-A-742 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.