Part 5 — Membership and Shares Division 1 Membership
75 Certificate of shares
a certificate signed by the proper officers in accordance with the
company's articles in that behalf specifying the shares held by the
member, and the nominal amount and class of the shares, and the
amount paid up thereon, and, in the case of shares held by a
member to whom section 78 or 79 applies, the capacity in which
that member represents those shares, but in respect of shares held
jointly by several persons the company is not bound to issue more
than one certificate.
(2) Unless the conditions of the issue of the shares otherwise
provide, every company shall, within 2 months after the allotment
of any of its shares and within 2 months after the date of lodgment
of a transfer of any of its shares, have ready for delivery the
certificates of all shares allotted or transferred.
(3) If a certificate is defaced, lost, or destroyed, it may be renewed
on payment of the fee, if any, not exceeding $1, and on the terms, if
any, as to evidence and indemnity that the directors think fit.
(4) A company that defaults in complying with the requirements of
this section is guilty of an offence.
RSA 2000 cC-21 s75;2020 c25 s2(44)