State Codes and Statutes

Statutes > New-hampshire > TITLEXXVIII > CHAPTER304-B > 304-B-16-i


   I. Except as provided in RSA 304-B:16-k, as soon as the proposed limited partnership action is effectuated, or upon receipt of a payment demand, whichever is later, the limited partnership shall pay each dissenter who complied with RSA 304-B:16-h the amount the limited partnership estimates to be the fair value of such dissenter's partnership interest, plus accrued interest.
   II. The payment shall be accompanied by:
      (a) The limited partnership's balance sheet as of the end of a fiscal year ending not more than 16 months before the date of payment, an income statement for that year, and the latest available interim financial statements, if any;
      (b) A statement of the limited partnership's estimate of the fair value of the limited partnership interest;
      (c) An explanation of how the value of the limited partnership interest was calculated;
      (d) A statement of the dissenter's right to demand payment under RSA 304-B:16-l; and
      (e) 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 or RSA 304-B:16-g.

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

State Codes and Statutes

Statutes > New-hampshire > TITLEXXVIII > CHAPTER304-B > 304-B-16-i


   I. Except as provided in RSA 304-B:16-k, as soon as the proposed limited partnership action is effectuated, or upon receipt of a payment demand, whichever is later, the limited partnership shall pay each dissenter who complied with RSA 304-B:16-h the amount the limited partnership estimates to be the fair value of such dissenter's partnership interest, plus accrued interest.
   II. The payment shall be accompanied by:
      (a) The limited partnership's balance sheet as of the end of a fiscal year ending not more than 16 months before the date of payment, an income statement for that year, and the latest available interim financial statements, if any;
      (b) A statement of the limited partnership's estimate of the fair value of the limited partnership interest;
      (c) An explanation of how the value of the limited partnership interest was calculated;
      (d) A statement of the dissenter's right to demand payment under RSA 304-B:16-l; and
      (e) 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 or RSA 304-B:16-g.

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


State Codes and Statutes

State Codes and Statutes

Statutes > New-hampshire > TITLEXXVIII > CHAPTER304-B > 304-B-16-i


   I. Except as provided in RSA 304-B:16-k, as soon as the proposed limited partnership action is effectuated, or upon receipt of a payment demand, whichever is later, the limited partnership shall pay each dissenter who complied with RSA 304-B:16-h the amount the limited partnership estimates to be the fair value of such dissenter's partnership interest, plus accrued interest.
   II. The payment shall be accompanied by:
      (a) The limited partnership's balance sheet as of the end of a fiscal year ending not more than 16 months before the date of payment, an income statement for that year, and the latest available interim financial statements, if any;
      (b) A statement of the limited partnership's estimate of the fair value of the limited partnership interest;
      (c) An explanation of how the value of the limited partnership interest was calculated;
      (d) A statement of the dissenter's right to demand payment under RSA 304-B:16-l; and
      (e) 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 or RSA 304-B:16-g.

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