New Hampshire Statutes
§ 383-D:7-703 — Modification or Revocation of Exemptions
New Hampshire § 383-D:7-703
JurisdictionNew Hampshire
Title XXXVBANKS AND BANKING; LOAN ASSOCIATIONS; CREDIT UNIONS
Ch. 383-DFAMILY TRUST COMPANY ACT
SubdivisionARTICLE 7Powers and Exemptions
This text of New Hampshire § 383-D:7-703 (Modification or Revocation of Exemptions) 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-D:7-703 (2026).
Text
The commissioner may modify or revoke any exemption granted to a family trust company under RSA 383-D:7-702 if (i) the commissioner determines that, based upon the safety and soundness of the family trust company or any action that the family trust company has taken or proposes to take, modification or revocation is necessary or advisable or (ii) the family trust company fails to comply with this chapter or any other applicable laws. A modification of an exemption includes the imposition of one or more reasonable conditions or limitations on that exemption.
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Legislative History
2015, 272:16, eff. Oct. 1, 2015.
Nearby Sections
15
§ 383-D:1-101
Short Title§ 383-D:1-102
Scope§ 383-D:1-103
Reservation of Power to Amend or Repeal§ 383-D:1-104
Commissioner§ 383-D:1-105
Confidential Information§ 383-D:10-1001
Reports and Certification§ 383-D:10-1002
Change of Designated Relative§ 383-D:10-1003
Change of Method of Determining Family Members§ 383-D:10-1004
Exemption From Public Hearings§ 383-D:10-1005
Exemption from Annual Audits§ 383-D:11-1101
Examination§ 383-D:11-1102
Repealed by 2017, 257:59, I, eff. Sept. 8, 2017 at 12:01 a.m§ 383-D:12-1201
Voluntary Dissolution§ 383-D:12-1202
Revocation of Authority to Conduct Trust Business§ 383-D:12-1203
Judicial DissolutionCite This Page — Counsel Stack
Bluebook (online)
New Hampshire § 383-D:7-703, Counsel Stack Legal Research, https://law.counselstack.com/statute/nh/383-D/383-D%3A7-703.