New Hampshire § 383-C:4-402 Consideration of Safety and Soundness of Trust Companies

New Hampshire Statutes

§ 383-C:4-402 — Consideration of Safety and Soundness of Trust Companies

New Hampshire § 383-C:4-402

Title XXXVBANKS AND BANKING; LOAN ASSOCIATIONS; CREDIT UNIONS

Ch. 383-CTRUST COMPANY ACT

SubdivisionARTICLE 4Safety and Soundness

This text of New Hampshire § 383-C:4-402 (Consideration of Safety and Soundness of Trust Companies) 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:4-402 (2026).

Text

The commissioner shall consider the safety and soundness of a trust company and may make findings relative to a trust company's safety and soundness:

(i)when considering any application or notice submitted by a trust company or by any person proposing to be chartered as a trust company;

(ii)when examining or investigating the trust company;

(iii)when determining whether or not to initiate any proceeding or issue any no-objection letter, notice, determination;

(iv)or order in respect of a trust company, its directors, or its officers, or otherwise as required by this chapter or as the commissioner determines in the commissioner's discretion.

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The commissioner shall consider the safety and soundness of a trust company and may make findings relative to a trust company's safety and soundness: (i) when considering any application or notice submitted by a trust company or by any person proposing to be chartered as a trust company; (ii) when examining or investigating the trust company; (iii) when determining whether or not to initiate any proceeding or issue any no-objection letter, notice, determination; (iv) or order in respect of a trust company, its directors, or its officers, or otherwise as required by this chapter or as the commissioner determines in the commissioner's discretion.