State Codes and Statutes
Statutes > New-hampshire > TITLEXXVIII > CHAPTER304-B > 304-B-16-c
In this subdivision:
I. ""Dissenter'' means a limited partner who is entitled to dissent from limited partnership action under RSA 304-B:16-d and who exercises that right when and in the manner required under this subdivision.
II. ""Fair value'' means the value of the dissenter's partnership interest of a limited partnership immediately before the effective date of the limited liability action referred to in RSA 304-B:16-d, excluding any appreciation or depreciation in anticipation of the limited partnership action.
III. ""Interest'' means interest from the effective date of the action referred to in RSA 304-B:16-d that gave rise to the limited partner's right to dissent until the date of payment, at the average auction rate paid on United States treasury bills with a maturity of 6 months (or the closest maturity thereto) as of the auction date for such treasury bills closest to such effective date.
IV. ""Limited partnership'' means a limited partnership whose limited partners have obtained rights to dissent under RSA 304-B:16-d and includes any successor by merger or conversion.
Source. 1997, 120:14, eff. Aug. 8, 1997.
