New Hampshire § 383-C:3-307 Trust Company Business Plan;  Amendments to Business Plan

New Hampshire Statutes

§ 383-C:3-307 — Trust Company Business Plan; Amendments to Business Plan

New Hampshire § 383-C:3-307

Title XXXVBANKS AND BANKING; LOAN ASSOCIATIONS; CREDIT UNIONS

Ch. 383-CTRUST COMPANY ACT

SubdivisionARTICLE 3Trust Business

This text of New Hampshire § 383-C:3-307 (Trust Company Business Plan; Amendments to Business Plan) 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:3-307 (2026).

Text

A trust company's board of directors shall adopt a business plan that specifies (i) the trust business and other business in which the trust company will engage, (ii) the trust company's management and operation structures, including information technology, (iii) the trust company's disaster recovery or contingency plan, and (iv) other information relevant to the governance, operation, equity ownership, and business of the trust company, including other information as may be prescribed by the commissioner. A trust company's business plan shall be such as will assure the safety and soundness of the trust company. A trust company's board of directors shall obtain the commissioner's approval of any material amendment of its business plan as provided in RSA 383-C:8-801.

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A trust company's board of directors shall adopt a business plan that specifies (i) the trust business and other business in which the trust company will engage, (ii) the trust company's management and operation structures, including information technology, (iii) the trust company's disaster recovery or contingency plan, and (iv) other information relevant to the governance, operation, equity ownership, and business of the trust company, including other information as may be prescribed by the commissioner. A trust company's business plan shall be such as will assure the safety and soundness of the trust company. A trust company's board of directors shall obtain the commissioner's approval of any material amendment of its business plan as provided in RSA 383-C:8-801.