If the provisional corporation shall not take the necessary steps and become a railroad corporation within 2 years after the time of the record of its articles of agreement in the office of the secretary of state, its existence as a corporation shall terminate.
N.H. Rev. Stat. Ann. § 243:8
Termination of Provisional Corporation
Source
Official source: New Hampshire General Court. Reproduced from public-domain New Hampshire statutes; confirm against the official source for the current text. Not legal advice.