N.H. Rev. Stat. § 402:30-e
Current through the 2024 Legislative Session
If the court is satisfied that there has been gross waste, misconduct or negligence in the management of its affairs, it shall decree a forfeiture of the company's charter or authority to do business, and shall make all other orders required for closing up and settling its affairs; otherwise the petition shall be dismissed and the defendant's taxable costs shall be paid by the state.
RSA 402:30-e
1975, 311:1, eff. Aug. 6, 1975.