New Hampshire § 383-B:6-614 Retention of Capital Assets at Holding Company Level

New Hampshire Statutes

§ 383-B:6-614 — Retention of Capital Assets at Holding Company Level

New Hampshire § 383-B:6-614

Title XXXVBANKS AND BANKING; LOAN ASSOCIATIONS; CREDIT UNIONS

Ch. 383-BDEPOSITORY BANK ACT

SubdivisionARTICLE 6Mutual Banks and Mutual Holding Companies

This text of New Hampshire § 383-B:6-614 (Retention of Capital Assets at Holding Company Level) 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-B:6-614 (2026).

Text

With the approval of the commissioner, the plan of reorganization of a mutual bank may provide for the retention of assets at, or transfer of assets to, the mutual holding company, provided the retention will not cause the subsidiary bank to fail to meet any applicable net worth or capital adequacy requirement prescribed by federal or state regulatory authorities and the retention of the assets complies with federal and state laws.

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With the approval of the commissioner, the plan of reorganization of a mutual bank may provide for the retention of assets at, or transfer of assets to, the mutual holding company, provided the retention will not cause the subsidiary bank to fail to meet any applicable net worth or capital adequacy requirement prescribed by federal or state regulatory authorities and the retention of the assets complies with federal and state laws.