TITLE XXVIII
PARTNERSHIPS

CHAPTER 304-B
UNIFORM LIMITED PARTNERSHIP ACT

Dissenters' Rights

Section 304-B:16-g


[This subdivision was enacted by the New Hampshire General Court and is not a part of the national Uniform Limited Partnership Act.]
    304-B:16-g Dissenters' Notice. –
I. If proposed action of a limited partnership creating dissenters' rights under RSA 304-B:16-d is authorized at a meeting of the limited partners, the limited partnership shall deliver a written dissenters' notice to all limited partners who have satisfied the requirements of RSA 304-B:16-f.
II. The dissenters' notice must be sent no later than 10 days after the action of the limited partnership was authorized by the members or effectuated, whichever is the first to occur, and shall:
(a) State where the payment demand shall be sent;
(b) Supply a form for demanding payment that includes the date of the first announcement to news media or to limited partners of the principal terms of the proposed limited partnership action and requires that the person asserting dissenters' rights certify whether or not the limited partner acquired the limited partnership interest before that date;
(c) Set a date by which the limited partnership must receive the payment demand, which date may not be fewer than 30 days and not more than 60 days after the date of the notice required by paragraph II is sent; and
(d) Be accompanied by a copy of this subdivision if the limited partnership has not previously sent a copy of this subdivision to the limited partner pursuant to RSA 304-B:16-e.

Source. 1997, 120:14, eff. Aug. 8, 1997.