New Hampshire Statutes

§ 383-E:12-1202 — Procedure

New Hampshire § 383-E:12-1202
JurisdictionNew Hampshire
Title XXXVBANKS AND BANKING; LOAN ASSOCIATIONS; CREDIT UNIONS
Ch. 383-ECREDIT UNION ACT
SubdivisionARTICLE 12Dissolution

This text of New Hampshire § 383-E:12-1202 (Procedure) 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:12-1202 (2026).

Text

Upon a vote dissolving the credit union, the members shall elect a committee of 3 persons to liquidate the assets of the credit union. The committee shall act under the control of the commissioner. Each paid-in share according to the amount paid in shall be entitled to its proportional part of the assets in liquidation after all deposits and debts have been paid.

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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:1-104
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:11-1103
Rules
§ 383-E:12-1201
Dissolution
§ 383-E:12-1202
Procedure
§ 383-E:13-1301
Corporate Credit Union
§ 383-E:13-1302
Purposes
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Bluebook (online)
New Hampshire § 383-E:12-1202, Counsel Stack Legal Research, https://law.counselstack.com/statute/nh/383-E/383-E%3A12-1202.