Section 393:32 Amount. - New Hampshire Statutes

If the withdrawal takes place within a year after the shareholder became a member of the corporation he shall be entitled to receive the amount of the dues paid by him, without dividends or profits, less all fines and other charges against him and his proportionate part of any unadjusted loss; if it does not take place until after the expiration of such year he shall be entitled to receive the value of his shares, as determined by the directors, less his fines, charges, and proportionate share of unadjusted losses, and less such proportion of the profits previously credited to the shares as the bylaws provide.

Source. 1887, 93:4. PS 166:13. PL 266:18. 1939, 72:15. RL 314:28.