New Hampshire § 301-26 - Section 301:26 Stock.
Full text of New Hampshire New Hampshire Revised Statutes Annotated § 301-26 — Section 301:26 Stock., with citation guidance and answers to common questions.
§ 301-26. Section 301:26 Stock.
No association shall issue stock to a member until it has been fully paid for. The promissory notes of the members may be accepted by the association as full or partial payment. The association shall hold the stock as security for the payment of the note; but such retention as security shall not affect the member's right to vote. Until such notes are paid in full, the corresponding stock, to the extent of unpaid balances, shall be carried on the books of the association and upon all financial statements made by the association as "capital stock issued for notes," and the notes shall be carried on such books and statements as "notes given for capital stock."
Source: official New Hampshire text · Last verified 2026-08-27
Frequently Asked Questions About New Hampshire § 301-26
What does New Hampshire Revised Statutes Annotated § 301-26 cover?
Section 301-26 ("Section 301:26 Stock.") 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 § 301-26?
A common citation format is "New Hampshire Revised Statutes Annotated § 301-26" (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 § 301-26 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.