N.H. Rev. Stat. Ann. § 293-A:10.20

Amendment by Board of Directors or Shareholders

Known as the New Hampshire Business Corporation Act

The act spans §§ 293-A:10.01 to 293-A:9.56 (230 sections).

Source. 2013, 142:1, eff

(a) A corporation's shareholders may amend or repeal the corporation's bylaws.

(b) A corporation's board of directors may amend or repeal the corporation's bylaws, unless:

(1) the articles of incorporation, RSA 293-A:10.21 or, if applicable, RSA 293-A:10.22 reserve that power exclusively to the shareholders in whole or part; or

(2) except as provided in RSA 293-A:2.06(d), the shareholders in amending, repealing, or adopting a bylaw expressly provide that the board of directors may not amend, repeal, or reinstate that bylaw.

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.