Section 293-A:15.01 Authority to Transact Business Required. - New Hampshire Statutes

(a) A foreign corporation shall not transact business in this state until it obtains a certificate of authority from the secretary of state.
   (b) The following activities, among others, do not constitute transacting business within the meaning of subsection (a):
      (1) maintaining, defending, or settling any proceeding;
      (2) holding meetings of the board of directors or shareholders or carrying on other activities concerning internal corporate affairs;
      (3) maintaining bank accounts;
      (4) maintaining offices or agencies for the transfer, exchange, or registration of the corporation's own securities or maintaining trustees or depositaries with respect to those securities;
      (5) selling through independent contractors;
      (6) soliciting or obtaining order, whether by mail or through employees or agents or otherwise, if the orders require acceptance outside this state before they become contracts;
      (7) creating or acquiring indebtedness, mortgages, and security interests in real or personal property;
      (8) securing or collecting debts or enforcing mortgages and security interests in property securing the debts;
      (9) owning, without more, real or personal property;
      (10) conducting an isolated transaction that is completed within 30 days and that is not one in the course of repeated transactions of a like nature;
      (11) transacting business in interstate commerce.
   (c) The list of activities in subsection (b) is not exhaustive.
   (d) Nothing in this section shall be construed so as to preclude a determination that a foreign corporation is carrying on business activity within this state within the meaning of RSA 77-A:1, XII.
   (e) Any so-called Massachusetts trust or business trust established by law of any other state, desiring to do business in this state, shall be deemed to be a foreign corporation and shall be required to register under and comply with the provisions of this chapter.

Source. 1992, 255:1, eff. Jan. 1, 1993.