New Hampshire Statutes
§ 383-C:10-1001 — Authority to Dissolve
New Hampshire § 383-C:10-1001
JurisdictionNew Hampshire
Title XXXVBANKS AND BANKING; LOAN ASSOCIATIONS; CREDIT UNIONS
Ch. 383-CTRUST COMPANY ACT
SubdivisionARTICLE 10Dissolution
This text of New Hampshire § 383-C:10-1001 (Authority to Dissolve) 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-C:10-1001 (2026).
Text
A trust company may voluntarily dissolve in the manner provided in this article. Upon dissolution under this section, a trust company shall surrender its trust company charter to the commissioner and shall not have authority to transact business as a state bank or to engage in trust business in this state. Dissolution of a trust company may be accomplished by the liquidation of the trust company or by reorganizing the trust company into an entity that does not have authority to transact business as a state bank or conduct trust business in this state.
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Legislative History
2015, 272:16, eff. Oct. 1, 2015.
Nearby Sections
15
§ 383-C:1-101
Short Title§ 383-C:1-102
Scope§ 383-C:1-103
Reservation of Power to Amend or Repeal§ 383-C:1-104
Commissioner§ 383-C:10-1001
Authority to Dissolve§ 383-C:10-1002
Voluntary Dissolution by Liquidation§ 383-C:10-1003
Voluntary Dissolution by Reorganization§ 383-C:10-1004
Application for Dissolution§ 383-C:10-1005
Commissioner Determination§ 383-C:10-1006
Completion of Plan of Dissolution§ 383-C:10-1007
Procedure; Effect; Recording Fee§ 383-C:11-1101
Engagement in Trust Business§ 383-C:11-1102
Trust Office§ 383-C:11-1103
Examination§ 383-C:11-1104
Filings With the Secretary of StateCite This Page — Counsel Stack
Bluebook (online)
New Hampshire § 383-C:10-1001, Counsel Stack Legal Research, https://law.counselstack.com/statute/nh/383-C/383-C%3A10-1001.