RTA · Business Corporations Act
Part 10 — Insider Trading
126 Definitions
(a) "corporation" does not include a reporting issuer;
(b) "insider" means, with respect to a corporation,
(i) the corporation, in respect of the purchase or other
acquisition by it of shares issued by it or any of its
affiliates,
(ii) a director or officer of the corporation,
(iii) a person who, with respect to at least 10% of the voting
rights attached to the voting shares of the corporation,
(A) beneficially owns, dir ectly or indirectly, voting
shares carrying those voting rights,
RSA 2000
(B) exercises control or direction over those voting
rights, or
(C) beneficially owns, dir ectly or indirectly, voting
shares carrying some of those voting rights and
exercises control or direction over the remainder of
those voting rights,
(iv) a person employed by the corporation or retained by it
on a professional or consulting basis,
(v) an affiliate of the corporation,
(vi) a person who receives, while they were a person
described in any of subclauses (i) to (v), material
confidential information concerning the corporation, and
(vii) a person who receives mate rial confidential information
from a person described in this clause or section 127 or
128 and who knows or who ought reasonably to have
known that the person giving the information is a person
described in this clause or section 127 or 128;
(c) "voting share" means an i ssued and outstanding share
carrying voting rights under all circumstances or under any
circumstances that have occurred and are continuing.
RSA 2000 cB-9 s126;2021 c18 s26