Section 304-C:22-g Payment. - New Hampshire Statutes

   I. Except as provided in RSA 304-C:22-i, as soon as the proposed limited liability company action is effectuated, or upon receipt of a payment demand, whichever is later, the limited liability company shall pay each dissenter who complied with RSA 304-C:22-f the amount the limited liability company estimates to be the fair value of such dissenter's membership interest, plus accrued interest.
   II. The payment must be accompanied by:
      (a) The limited liability company'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 liability company's estimate of the fair value of the membership interest;
      (c) An explanation of how the value of the membership interest was calculated;
      (d) A statement of the dissenter's right to demand payment under RSA 304-C:22-j; and
      (e) A copy of this subdivision, if the limited liability company has not previously sent a copy of this subdivision to the member pursuant to RSA 304-C:22-c or RSA 304-C:22-e.

Source. 1997, 120:23, eff. Aug. 8, 1997.