§432:1-204 Foreign societies. Any foreign society subject to this article shall not be excused or relieved from compliance with this article by reason of the nonresidence of its members. Upon a showing to the satisfaction of the commissioner that it is impracticable and would work a hardship to comply with section 432:1-202(b) the commissioner shall permit the society to qualify in this respect upon its appointment of a resident agent, in the same manner and subject to the same conditions as are provided for in the case of foreign corporations under the general laws on corporations. Section 432:1-202(b) shall likewise be applicable to the agent. [L 1989, c 195, §9]
Section: Previous 432-1-106 432-1-107 432-1-107.5 432-1-108 432-1-201 432-1-202 432-1-203 432-1-204 432-1-301 432-1-302 432-1-303 432-1-304 432-1-305 432-1-306 432-1-307 NextLast modified: October 27, 2016