New Hampshire § 383-A:3-312 When Organized;  Beginning Business

New Hampshire Statutes

§ 383-A:3-312 — When Organized; Beginning Business

New Hampshire § 383-A:3-312

Title XXXVBANKS AND BANKING; LOAN ASSOCIATIONS; CREDIT UNIONS

Ch. 383-ABANK AND CREDIT UNION REGULATORY AND ENFORCEMENT

SubdivisionARTICLE 3Organization of State Banks

This text of New Hampshire § 383-A:3-312 (When Organized; Beginning Business) is published on Counsel Stack Legal Research, covering New Hampshire primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

N.H. Rev. Stat. Ann. § 383-A:3-312 (2026).

Text

The existence of the state bank shall begin upon the filing of the organizational instrument with the secretary of state. Any state bank organized under this chapter shall complete its organization and obtain a certificate to engage in business under RSA 383-A:3-315 within 2 years from the date of its organization; otherwise its charter shall be void, unless the commissioner, for good cause shown, grants one extension for not more than one year.

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The existence of the state bank shall begin upon the filing of the organizational instrument with the secretary of state. Any state bank organized under this chapter shall complete its organization and obtain a certificate to engage in business under RSA 383-A:3-315 within 2 years from the date of its organization; otherwise its charter shall be void, unless the commissioner, for good cause shown, grants one extension for not more than one year.