§432:1-204 - Foreign societies.
§432:1-204 Foreign societies. Any foreign society subject to this article shall not be excused or relievedfrom compliance with this article by reason of the nonresidence of itsmembers. Upon a showing to the satisfaction of the commissioner that it isimpracticable and would work a hardship to comply with section 432:1-202(b) thecommissioner shall permit the society to qualify in this respect upon itsappointment of a resident agent, in the same manner and subject to the sameconditions as are provided for in the case of foreign corporations under thegeneral laws on corporations. Section 432:1-202(b) shall likewise beapplicable to the agent. [L 1989, c 195, §9]