New Hampshire Statutes
§ 383-E:11-1102 — Federal Credit Union to State Credit Union
New Hampshire § 383-E:11-1102
JurisdictionNew Hampshire
Title XXXVBANKS AND BANKING; LOAN ASSOCIATIONS; CREDIT UNIONS
Ch. 383-ECREDIT UNION ACT
SubdivisionARTICLE 11Conversions
This text of New Hampshire § 383-E:11-1102 (Federal Credit Union to State Credit Union) 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-E:11-1102 (2026).
Text
A federal credit union may be converted into a state credit union by complying with such requirements of this chapter as would have enabled it to have originally qualified for organization as a state credit union. When the commissioner has been satisfied that the requirements, and all other requirements of this chapter, have been complied with, he shall approve the organization certificate. Upon approval, the federal credit union shall become a state credit union as of the date it ceases to be a federal credit union. The state credit union shall be vested with all of the assets and shall continue responsible for all of the obligations of the federal credit union to the same extent as though the conversion had not taken place.
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Legislative History
2015, 272:16, eff. Oct. 1, 2015.
Nearby Sections
15
§ 383-E:1-101
Short Title§ 383-E:1-102
Scope§ 383-E:1-103
Reservation of Power to Amend or Repeal§ 383-E:1-104
Commissioner§ 383-E:10-1001
Procedural Requirements§ 383-E:10-1002
Required Vote§ 383-E:10-1003
Name Change§ 383-E:10-1004
Branch Offices§ 383-E:11-1101
State Credit Union to Federal Credit Union§ 383-E:11-1102
Federal Credit Union to State Credit Union§ 383-E:11-1103
Rules§ 383-E:12-1201
Dissolution§ 383-E:12-1202
Procedure§ 383-E:13-1301
Corporate Credit Union§ 383-E:13-1302
PurposesCite This Page — Counsel Stack
Bluebook (online)
New Hampshire § 383-E:11-1102, Counsel Stack Legal Research, https://law.counselstack.com/statute/nh/383-E/383-E%3A11-1102.