RSA 293-A:8.60 Subdivision Definitions.
Title: XXVII - CORPORATIONS, ASSOCIATIONS, AND PROPRIETORS OF COMMON LANDS
Chapter: 293-A - NEW HAMPSHIRE BUSINESS CORPORATION ACT
(a) In this subdivision:
(1) "Director's conflicting interest transaction" means a transaction effected or proposed to be effected by the corporation, or by an entity controlled by the corporation:
(i) to which, at the relevant time, the director is a party; or
(ii) respecting which, at the relevant time, the director had knowledge and a material financial interest known to the director; or
(iii) respecting which, at the relevant time, the director knew that a related person was a party or had a material financial interest.
(2) "Control," including the term "controlled by," means (i) having the power, directly or indirectly, to elect or remove a majority of the members of the board of directors or other governing body of an entity, whether through the o