New Hampshire § 383-B:7-703 Branch Closings and Relocations

New Hampshire Statutes

§ 383-B:7-703 — Branch Closings and Relocations

New Hampshire § 383-B:7-703

Title XXXVBANKS AND BANKING; LOAN ASSOCIATIONS; CREDIT UNIONS

Ch. 383-BDEPOSITORY BANK ACT

SubdivisionARTICLE 7Branch Offices

This text of New Hampshire § 383-B:7-703 (Branch Closings and Relocations) 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:7-703 (2026).

Text

(a)A depository bank may close a branch office upon the affirmative vote of a majority of its board of directors, but the closing shall not occur until the depository bank has filed notice of the branch office closing with the commissioner under RSA 383-A:6-602. The depository bank shall be required to comply with federal requirements for branch closings.

(b)A depository bank may relocate a branch office upon the affirmative vote of a majority of its board of directors, but the relocation shall not occur until the depository bank has filed notice of the branch office relocation with the commissioner under RSA 383-A:6-602. The depository bank shall comply with federal requirements for branch relocations.

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(a) A depository bank may close a branch office upon the affirmative vote of a majority of its board of directors, but the closing shall not occur until the depository bank has filed notice of the branch office closing with the commissioner under RSA 383-A:6-602. The depository bank shall be required to comply with federal requirements for branch closings.
(b) A depository bank may relocate a branch office upon the affirmative vote of a majority of its board of directors, but the relocation shall not occur until the depository bank has filed notice of the branch office relocation with the commissioner under RSA 383-A:6-602. The depository bank shall comply with federal requirements for branch relocations.